Hershey Shares Lower After Piper Sandler Downgrade

MT Newswires Live

2025/02/01

Hershey (HSY) shares were down more than 1% in recent Friday trading after Piper Sandler downgraded the stock to underweight from neutral and cut its price target to $120 from $153.

Separately, Mizuho Securities also cut its price target on the stock to $140 from $170.

Trading volume stood at about 1 million shares versus a daily average of around 2.3 million shares.

Price: 149.99, Change: -2.15, Percent Change: -1.41

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