By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

News Junction

Notification Show More
Font ResizerAa
  • Home
  • World News
    World NewsShow More
    ‘Don’t know what to do’: Johor Bahru’s heritage businesses near RTS station grapple with rising rents, inflation
    ‘Don’t know what to do’: Johor Bahru’s heritage businesses near RTS station grapple with rising rents, inflation
    May 15, 2025
    Jurors view ‘Freak off’ images too graphic to be shown to public
    Jurors view ‘Freak off’ images too graphic to be shown to public
    May 15, 2025
    Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
    Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
    May 15, 2025
    For U.S. Defense Industry, These Minerals Really are ‘Critical’
    For U.S. Defense Industry, These Minerals Really are ‘Critical’
    May 14, 2025
    Did the US flinch first in tariff war with China? | Trade War News
    Did the US flinch first in tariff war with China? | Trade War News
    May 14, 2025
  • Business
    BusinessShow More
    Ukraine blows up bridges to consolidate its positions in Russia
    Ukraine blows up bridges to consolidate its positions in Russia
    August 18, 2024
    Commentary: AI phones from Google and Apple will erode trust in everything
    Commentary: AI phones from Google and Apple will erode trust in everything
    August 18, 2024
    The most famous Indian Dishes – Insights Success
    The most famous Indian Dishes – Insights Success
    August 18, 2024
    Life on the road as a female long rides cyclist
    Life on the road as a female long rides cyclist
    August 18, 2024
    UK inflation rises to 2.2%
    UK inflation rises to 2.2%
    August 18, 2024
  • Cryptocurrency
    CryptocurrencyShow More
    The Role of Altcoins in 2025’s Crypto Market
    The Role of Altcoins in 2025’s Crypto Market
    May 15, 2025
    Bitcoin Spread Oscillator Signals Growing Altcoin Momentum – Altseason Entry Signal?
    Bitcoin Spread Oscillator Signals Growing Altcoin Momentum – Altseason Entry Signal?
    May 15, 2025
    Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
    Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
    May 15, 2025
    Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
    Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
    May 14, 2025
    Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet
    Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet
    May 14, 2025
  • Technology
    TechnologyShow More
    How to Improve Your Spotify Recommendations
    How to Improve Your Spotify Recommendations
    August 18, 2024
    X says it’s closing operations in Brazil
    X says it’s closing operations in Brazil
    August 18, 2024
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    August 18, 2024
    Scientists Want to See Videos of Your Cat for a New Study
    Scientists Want to See Videos of Your Cat for a New Study
    August 18, 2024
    OpenAI’s new voice mode let me talk with my phone, not to it
    OpenAI’s new voice mode let me talk with my phone, not to it
    August 18, 2024
  • Entertainment
  • Sports News
  • People
  • Trend
Reading: Goldman Sachs sees downside in Hershey stock due to declining market share By Investing.com
Share
Font ResizerAa

News Junction

  • World News
  • Business
  • Technology
  • Cryptocurrency
  • Trend
  • Entertainment
Search
  • Recent Headlines in Entertainment, World News, and Cryptocurrency – NewsJunction
  • World News
  • Business
  • Cryptocurrency
  • Technology
  • Entertainment
  • Sports News
  • People
  • Trend
Have an existing account? Sign In
Follow US
News Junction > Blog > Business > Goldman Sachs sees downside in Hershey stock due to declining market share By Investing.com
Goldman Sachs sees downside in Hershey stock due to declining market share By Investing.com
Business

Goldman Sachs sees downside in Hershey stock due to declining market share By Investing.com

Published August 12, 2024
Share
2 Min Read
SHARE

On Monday, Goldman Sachs initiated coverage on Hershey (NYSE:HSY) stock with a Sell rating, setting a price target of $185.

This target suggests an approximate 8% downside from the company’s current market position, contrasting with the average 8% upside potential for other companies covered by the firm.

The investment firm cited concerns over Hershey’s potential for downward estimate revisions and valuation compression due to the company’s ongoing losses in confectionery market share. Hershey faces competition from both private label products and premium brands, which are increasingly popular with consumers.

Goldman Sachs also pointed out the near-term risks for Hershey, including a potential decline in impulse spending. The company’s significant presence in convenience and drug stores may be impacted, along with fewer shopping days during the holiday season this year.

Despite the Sell rating, Goldman Sachs acknowledged Hershey’s status as a high-quality company with a strong portfolio of sweet and salty snacks, leading brands, and a generally attractive long-term category.

The firm suggested that an improvement in the company’s market share trends or a more favorable valuation relative to its earnings growth could prompt a more positive outlook.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

#Goldman #Sachs #sees #downside #Hershey #stock #due #declining #market #share #Investing.com

TAGGED:decliningDownsidedueGoldmanHersheyInvesting.commarketSachsseesshareStock
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Venezuela Clamps Down On Binance Access With New Web Restrictions Venezuela Clamps Down On Binance Access With New Web Restrictions
Next Article King Frederik X and Crown Prince Christian of Denmark strike victorious poses as they proudly celebrate a gold medal for their country at Paris Olympics King Frederik X and Crown Prince Christian of Denmark strike victorious poses as they proudly celebrate a gold medal for their country at Paris Olympics
- Advertisement -

Latest Post

The Role of Altcoins in 2025’s Crypto Market
The Role of Altcoins in 2025’s Crypto Market
Cryptocurrency
‘Don’t know what to do’: Johor Bahru’s heritage businesses near RTS station grapple with rising rents, inflation
‘Don’t know what to do’: Johor Bahru’s heritage businesses near RTS station grapple with rising rents, inflation
World News
Bitcoin Spread Oscillator Signals Growing Altcoin Momentum – Altseason Entry Signal?
Bitcoin Spread Oscillator Signals Growing Altcoin Momentum – Altseason Entry Signal?
Cryptocurrency
Jurors view ‘Freak off’ images too graphic to be shown to public
Jurors view ‘Freak off’ images too graphic to be shown to public
World News
Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
World News
Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
Cryptocurrency
- Advertisement -

You Might Also Like

Exxon asks court to attach awards against Venezuela to Citgo case (NYSE:XOM)
Business

Exxon asks court to attach awards against Venezuela to Citgo case (NYSE:XOM)

August 15, 2023
Eagle Pharmaceuticals Reiterates 2023 Adjusted EBITDA and EPS Guidance By Investing.com
Business

Eagle Pharmaceuticals Reiterates 2023 Adjusted EBITDA and EPS Guidance By Investing.com

August 17, 2023
President Joe Biden to host President Ruto at White House
Business

President Joe Biden to host President Ruto at White House

February 17, 2024
Edtech platform Zick Learn secures £430k funding to accelerate growth
Business

Edtech platform Zick Learn secures £430k funding to accelerate growth

August 5, 2023

About Us

NEWS JUNCTION (NewsJunction.xyz) Your trusted destination for global news. Stay informed with our timely and accurate reporting on diverse topics, including politics, technology, science, entertainment, sports, and more. Count on us for unbiased and reliable updates at your fingertips.

Quick Link

  • About
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact

Top Categories

  • World News
  • Business
  • Technology
  • Entertainment
  • Cryptocurrency
  • Sports News
  • Trend
  • People

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

    © 2023 News Junction.
    • Blog
    • Advertise
    • Contact
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?