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Hosted on MSNCocoa Prices Under Pressure as Chocolate Makers Signal Weak DemandICE NY cocoa (CCH25) today is down -71 (-0.70%), and March ICE London cocoa #7 (CAH25) is down -69 (-0.862%). Cocoa prices ...
Citi upgraded Hershey Co (NYSE:HSY) to "Neutral" given a more balanced risk-reward profile following the company's 2025 earnings guidance but lowered its price target to $154 from $159, adjusting for ...
Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Stifel lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps a Hold rating on the shares after the company reported a ...
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
US stocks mostly gain early Thursday as investors weigh earnings reports. Amazon results are due after the close and monthly ...
Altus Power stock jumps 27.8% after announcing $2.2B acquisition deal with TPG Rise Climate, offering a 66% premium per share ...
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of ...
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