Vetr Bulls Very Optimistic On Hershey

Shares of Hershey Co HSY have gained more than 31.1 percent over the past six months. However, the Vetr crowd seems to believe there is still some room for upside, as evidenced by its average price target of $114.32, which implies a potential return of more than 4.5 percent.

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Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Hershey’s stock, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.

It should be noted that, 60 percent of the crowd’s ratings are bearish at the time, implying that the bulls are particularly optimistic on this stock.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.