Hershey price target raised to $210 from $200 at BofA

BofA analyst Peter Galbo raised the firm’s price target on Hershey (HSY) to $210 from $200 and keeps a Neutral rating on the shares. Entering 2026, the largest unresolved question for staples remains consumption growth and valuations remain dispersed across the group, but “there feels little to get them off the sidelines in ’26 until fundamentals signal a greater turning of the tide,” the analyst tells investors in a year-ahead note for the consumer staples group.