Hershey price target raised to $236 from $210 at UBS

UBS raised the firm’s price target on Hershey (HSY) to $236 from $210 and keeps a Neutral rating on the shares. Hershey delivered a strong Q4 EPS beat and issued FY26 guidance materially above Street estimates, but with substantial FY27 growth largely priced in at a premium valuation versus peers, further upside likely requires either a better entry point or clearer evidence of additional forecast upside, the analyst tells investors in a research note.