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Investment Strategies / Falling Knives
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Author: rnam   😊 😞
Number: of 670 
Subject: Re: FKA: HSY
Date: 02/05/2025 3:02 PM
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You might want to wait at least for tomorrow’s earnings release. Wall St is anticipating bad news.

Well Fargo cut price target from $140 to $125. They had previously cut the target twice in January from $160 to $150, then to $140.

With CEO having resigned, Hershey might want to get out all the bad news and set lower expectations for the new CEO.
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