Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa ...

Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.

The outlook for food producers who rely on cocoa is more challenging in FY25 as unforeseen weather deterioration in West ...

Piper Sandler analyst Michael Lavery maintained a Buy rating on PepsiCo (PEP – Research Report) today and set a price target of $171.00. The ...

On Monday, Jan. 7, Michael Lavery at Piper Sandler initiated coverage of the beverage giant, with an overweight rating and a $74 price target. Lavery's new target implies a gain of about 20% from ...

Michael Lavery is an analyst at Piper Sandler. Analyst ratings are quantitative and qualitative analysis of a stock by Wall Street stock rating analysts. Stock ratings consist of expected future ...

The Coca-Cola Analyst: Analyst Michael Lavery initiated coverage of Coca-Cola with an Overweight rating and a price target of $74. The Coca-Cola Thesis: North America and LatAm contribute around ...

Piper Sandler analyst Michael Lavery initiated coverage on Keurig Dr Pepper Inc (NASDAQ:KDP) with a Neutral rating and a $35.00 target price. The analyst voiced caution regarding ongoing coffee ...

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 outlook has worsened,” said Piper Sandler analyst Michael Lavery, as the severely dry November and December risks a continued deficit of the cocoa bean, prompting a downgrade in Hershey ...

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 ...