On Jan 08, major Wall Street analysts update their ratings for $Hershey (HSY.US)$, with price targets ranging from $150 to $195.
Citi analyst Thomas Palmer maintains with a sell rating, and adjusts the target price from $165 to $159.
Barclays analyst Andrew Lazar maintains with a hold rating, and maintains the target price at $180.
Wells Fargo analyst Christopher Carey maintains with a sell rating, and adjusts the target price from $160 to $150.
Evercore analyst David Palmer maintains with a hold rating, and adjusts the target price from $200 to $195.
TD Cowen analyst Robert Moskow maintains with a hold rating, and adjusts the target price from $190 to $172.
Furthermore, according to the comprehensive report, the opinions of $Hershey (HSY.US)$'s main analysts recently are as follows:
Recent significant increases in cocoa futures could potentially impact the earnings for companies like Hershey, especially in the latter half of 2025 more than the former. The adjustment in earnings estimates for these companies is primarily due to escalated cocoa prices.
2025 is anticipated to be a challenging year for the food and beverage industry. A significant part of this outlook is based on the expectation of a static regulatory environment, slow adoption and high discontinuation rates of GLP-1 usage, and normalizing value-seeking shopping behaviors as consumers adjust to higher prices and wage inflation benefits. Many brands within the industry may need to revise their pricing and margin strategies to enhance their value perception among consumers.
Historic levels of underperformance have set 'a low bar' for the U.S. Food group; however, moving towards 2025, signs of stabilizing volume and improved earnings delivery will be key areas of focus.
Here are the latest investment ratings and price targets for $Hershey (HSY.US)$ from 6 analysts:
Note:
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