The Hershey Company (HSY) stock rose 1.4% following an increase in target price from Mizuho from $155.00 to $165.00, reflecting positive investor sentiment despite the firm maintaining a "neutral" rating.lg...Expand
The Hershey Company (HSY) stock rose 1.4% after reporting second-quarter earnings and sales that exceeded expectations, driven by strong volume gains and effective strategy in its U.S. confectionery and salty snacking sectors.
The stock's increase is attributed to better-than-expected earnings per share and sales figures, alongside significant volume increases due to inventory normalization and shifts in holiday shipment timings.lg...Expand