Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
We recently published a list of Jim Cramer Discusses These 11 Stocks & President Trump. In this article, we are going to take a look at where Hershey Company (NYSE:HSY) stands against other stocks ...
Friday closed down -76 (-0.75%), and March ICE London cocoa #7 (CAH25) closed down -92 (-1.15%). Cocoa prices Friday added to this week's sharp losses and fell to 2-month lows. Cocoa prices have been ...
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Citi upgrades Hershey stock to neutral
Citi upgraded Hershey Co (NYSE:HSY) to "Neutral" given a more balanced risk-reward profile following the company's 2025 earnings guidance but lowered its price target to $154 from $159, adjusting for ...