Mizuho analyst John Baumgartner raised the firm’s price target on Hershey to $263 from $235 and keeps a Neutral rating on the shares. The company’s Q1 delivered another solid beat even with 50% of the upside from favorable shipments timing, the analyst tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on HSY: