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Hershey price target raised to $275 from $255 at Wells Fargo
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Hershey price target raised to $275 from $255 at Wells Fargo

Wells Fargo analyst Chris Carey raised the firm’s price target on Hershey to $275 from $255 and keeps an Equal Weight rating on the shares. Hershey’s Q1 saw some timing benefit, underlying volumes and margin upside give flexibility to FY23 EPS, with pricing visibility into FY24+ all while elasticities are holding in better than expected, the analyst tells investors in a research note.

Published first on TheFly

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