Morgan Stanley has upgraded the price target on The Hershey Company (HSY) to $247 from $238. However, the
Hershey Trust has sold 30,000 shares. Other recent activity includes
Kirk Tanner's appointment as President and CEO, the formation of a partnership between Hershey and other confectionery giants on
TogetherCocoa, and the company reaching a 52-week high ahead of dividends. Several investment firms, including
CIBC Bancorp USA, Sunbelt Securities, Aquatic Capital Management, have increased their Hershey Company investments. Significant sales of shares continue from the Hershey Trust, Steven Voskuil, and Citigroup. In expansion news,
HSY has grown quietly in Frisco and made a significant acquisition of LesserEvil.
HSY's Q4 results have been strong, and its 2026 outlook has been provided. The company has also launched new holiday treats, grassroots initiatives, and dividend payouts. While there is some debate about Hershey's performance in the stock market, several analysts remain positive about the confectionery giant's long-term prospects.
The Hershey Company HSY News Analytics from Tue, 10 Jun 2025 07:00:00 GMT to Sat, 21 Mar 2026 07:59:04 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -2
