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Analysts Downgrade Hershey Stock
Hershey's faces a bittersweet future as chocolate becomes even more discretionary - analyst
The price disparity between salty snacks and chocolate is resulting in a shift in consumer spending, which is being exacerbated by consumers’ increasing caution with their spending on food and a generational shift to non-chocolate confections.
Analysts Downgrade Hershey Stock Because of a 'Concerning' Chocolate Market
Key Takeaways Jefferies analysts downgraded Hershey to underperform and lowered their price target.The firm said chocolate is trailing other snacks in volume growth and is being bought less frequently despite being the largest category in dollar sales.
Hershey Co. stock falls Thursday, underperforms market
Shares of Hershey Co. HSY slumped 0.25% to $190.52 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.40% to 5,745.37 and the Dow Jones Industrial Average DJIA rising 0.
Just-Food on MSN
1d
Hershey pushes on with job cuts
Hershey announced a restructuring plan that included reducing its workforce to drive productivity by automating processes.
17h
Hershey Hit With Sell Call as High Prices Dent Chocolate Sales
Jefferies is turning more cautious on Hershey Co. shares as consumers curb their snacking and pull back on higher-priced ...
6d
Hershey: Buckle Up For The Rest Of 2024
Hershey's stock is fairly priced, and downside risk remains limited for shareholders with a long-term investment horizon.
11d
on MSN
3 Reasons to Buy Hershey Stock Like There's No Tomorrow
Chocolate giant Hershey doesn't go on sale very often, so now is the time to jump in despite the cocoa headwinds.
CNN on MSN
8d
Hershey is turning its candy into energy drinks and protein powders with C4
Hershey
’s namesake milk
chocolate
and Reese’s peanut butter and
chocolate
will soon be sold as protein powders and its ...
3d
The Discontinued Hershey's Kisses We Want Back This Halloween
Of course, it's inevitable that some fun and tasty candies will get discontinued at some point ... but we can still pine for ...
3d
on MSN
Best Stock to Buy Right Now: Kraft Heinz vs. Hershey
It's also worth noting that the average consumer staples stock, using the Consumer Staples Select Sector SPDR Fund as a proxy ...
5d
Every Single Hershey's Bar Variety Available Now
From classics to ice cream-inspired flavors, Hershey's boasts a wide variety of candy bars. Here's every option you can score ...
Tasting Table on MSN
6d
What Is The 'PGPR' In Chocolate?
Here's everything you need to know about PGPR, or polyglycerol polyricinoleate, and whether this ingredient in chocolate bars ...
ConsumerAffairs
8d
Hershey's popular flavors are coming to wellness supplements
Hershey has announced a new partnership with Nutrabolt, the wellness company that owns C4, a popular brand of energy drinks. ...
18h
on MSN
Jefferies downgrades Hershey, predicts sweet times turning sour
Jefferies has downgraded Hersheys from “hold” to “underperform” on expectations that the chocolate maker is likely to face ...
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