Morgan Stanley Lifts PT on The Hershey Company (HSY) to $247 From $238 – Here’s Why

The Hershey Company (NYSE:HSY) is one of the best ethical companies to invest in now according to Reddit. Morgan Stanley lifted the price target on The Hershey Company (NYSE:HSY) to $247 from $238 on March 16, maintaining an Overweight rating on the shares. The firm told investors that it believes the market is overly focused on pricing rollback risk and is underestimating the earnings recovery from cocoa normalization beginning in the second half of 2026 and accelerating into 2027. Deutsche Bank Lifts He ...