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 ...
ICE NY cocoa (CCH25) today is down -71 (-0.70%), and March ICE London cocoa #7 (CAH25) is down -69 (-0.862%). Cocoa prices ...
Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Thursday closed down -420 (-3.99%), and March ICE London cocoa #7 (CAH25) closed down -256 (-3.10%). Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and ...