The Hershey Company (NYSE:HSY) is one of the best confectionery, cookie, and snack stocks to buy. The Hershey Company (NYSE:HSY) is set to release its fiscal Q4 and full-year 2025 earnings results on February 5. Prior to the release, DA Davidson lifted the price target on the stock to $207 from $185 on February 2, but reaffirmed a Neutral rating on the shares. The firm highlighted factors such as cocoa deflation, tariff resolution, and encouraging early reads on elasticities, suggesting that they point towards FY27 upwards revisions as earnings power restores. However, it added that this is generally reflected in relative and absolute multiples currently nearer their peak.
The Hershey Company (NYSE:HSY) also received a rating update from Deutsche Bank on January 29, which lifted the price target on the stock to $188 from $180 while maintaining a Hold rating on the shares. In addition to Deutsche Bank, Morgan Stanley also raised the price target on The Hershey Company (NYSE:HSY) to $214 from $211 on January 28 and maintained an Overweight rating on the stock. The firm told investors that declining cocoa prices and solid scanner trends enhance visibility to the firm’s “above Street” FY26 and FY27 EPS outlook.
The Hershey Company (NYSE:HSY) manufactures and markets chocolate, sweets, mints, and confectionary items. It operates through the North America Confectionery, North America Salty Snacks, and International segments. Its brand portfolio includes Hershey’s, Reese’s, and Kisses.
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Disclosure: None. This article is originally published at Insider Monkey.