Citigroup increased its price target on shares of Hershey Co. (HSY) Tuesday morning and reiterated its "Buy" rating on the stock.
Hershey traded to the upside for the majority of Tuesday's session and closed with a gain of 2.77 at $89.18 on above average volume. The stock rose past the upper end of a one-month range and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.