Barclays raised the firm’s price target on Hershey (HSY) to $210 from $188 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the consumer staples group as part of a Q4 earnings preview. Barclays attributes the recent “enthusiasm” in the stock to “a flight to safety” and remains concerned about company- and sector-level fundamentals. Potential oil and currency headwinds could materialize in 2026, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HSY:
- Hershey to boost marketing budget, embrace TikTok influencers, WSJ reports
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- Hershey (HSY) Raises Ad Budget to Revamp Its Flagship Chocolate Bar
- Hershey price target raised to $210 from $190 at UBS
- Wayfair upgraded, Instacart initiated: Wall Street’s top analyst calls
