Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's why cocoa prices are a near-term issue, but are highly unlikely to derail Hershey over the long term. Hershey's ...
Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Operational challenges persist, with disappointing Q3 ...
Stifel lowered the firm’s price target on Hershey (HSY) to $170 from $180 and keeps a Hold rating on the shares. The firm, which maintains a Neutral weighting for the Food group, says the group ...
Piper Sandler downgraded Hershey (HSY) to Underweight from Neutral with a price target of $120, down from $153. The firm believes recently elevated cocoa costs will last longer than initially ...
However, Buck’s successor will have some significant challenges on their plate, ranging from pressure on chocolate sales in the US (still an important part of Hershey’s business), price ...