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Piper Sandler Analyst Michael Lavery slashed his price target for Hershey’s stock by $23 to $120 a share over “expectations that recently elevated cocoa costs will last longer than initially ...
Hershey (NYSE: HSY) is struggling today. 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 ...
Early Hershey's chocolates were wrapped in foil with a branded paper label overtop, but today, they are no longer, and there are a few reasons why.
Hershey Is Battling Cocoa Inflation. Why Citi Says It Will Be Hard to Win.© Scott Olson/Getty Images Exxon and Chevron Are Among the Safest Dividend Stocks.
Just in time for Halloween, Consumer Reports reported Wednesday it found “concerning levels” of heavy metals in some chocolate products, including Hershey’s Cocoa.
Consumers have had it with higher food prices. Hershey says it has to keep going. The candy company, which makes Reese’s peanut butter cups and SkinnyPop Popcorn, said Thursday that consumers ...
Chocolate makers were already grappling with record prices for cocoa butter, which provides that melt-in-your-mouth feel. Now ...
The test found that Hershey's milk chocolate, which is a popular Halloween treat, had the highest levels of lead in Consumer Reports' tests. Last year, the organization found that a number of ...
He sees Hershey’s stock treading water in the near term. Moskow discussed the cocoa situation in an April 2 company update.
Hershey (HSY) is asking the Commodity Futures Trading Commission for permission to buy a sizeable amount of cocoa through the New York exchange after global shortages sent prices to a record ...
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 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 ...