Hershey Reaches Analyst Target Price
December 23, 2016 at 09:18 AM EST
In recent trading, shares of Hershey Company (HSY) have crossed above the average analyst 12-month target price of $104.25, changing hands for $104.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..