Wall Street Turns Bullish on Hershey. Why the Stock Is in a Sweet Spot.

Core Insights - Hershey has recently increased prices across its confectionery portfolio, and consumer response was more favorable than anticipated [1] Company Summary - The price hike by Hershey did not deter consumers as much as expected, indicating strong brand loyalty and demand for its products [1] Industry Summary - The confectionery industry appears resilient to price increases, suggesting that consumers may prioritize indulgent treats even in inflationary environments [1]