Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa ...
Piper Sandler analyst Michael Lavery maintained a Buy rating on PepsiCo (PEP – Research Report) today and set a price target of $171.00. The ...
The outlook for food producers relying on cocoa is challenging in FY25 due to supply constraints, with Hershey facing downward pressure on shares.
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
Piper Sandler Analyst Michael Lavery slashed his price target for Hershey's stock (HSY) by $23 to $120 a share over "expectations that recently elevated cocoa costs will last longer than initially ...
The analyst at Piper Sandler, Michael Lavery, expressed concerns about the impact of these sustained high cocoa prices on Hershey's financial performance, especially looking ahead to 2026.
The analyst at Piper Sandler, Michael Lavery, expressed concerns about the impact of these sustained high cocoa prices on Hershey's financial performance, especially looking ahead to 2026. Despite ...
Stocks pulled back on Friday as investors digested news that Trump tariffs on Canada, Mexico and China would begin on ...