BofA raised the firm’s price target on Hershey (HSY) to $205 from $175 and keeps a Neutral rating on the shares. Q2 results came in better than anticipated, the updated 2025 outlook now includes tariffs for the full year, and Hershey provided incremental considerations through 2026, the analyst noted. Following the report and guidance, the firm raised its FY25 and FY26 adjusted EPS estimates to $5.90 and $6.65, respectively.
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