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 ...

Cocoa futures prices have at least come off the record highs reached in December but are currently still more than double what they were in July 2023. And until prices come down t ...

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.

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 said it is working to get cocoa exempted from tariffs, which are adding to pressure for the candy giant on top of high prices for its key ingredient. The Pennsylvania chocolatier said ...

Just in time for Halloween, Consumer Reports reported Wednesday it found “concerning levels” of heavy metals in some chocolate products, including Hershey’s Cocoa.

Chocolate makers were already grappling with record prices for cocoa butter, which provides that melt-in-your-mouth feel. Now ...

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 maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have reduced liquidity ...

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 ...

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 ...