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Hershey Newsroom
Real cocoa is unaffordable, the Confectioners company laboratory is looking for "alternatives."
Analysts say that if the method of obtaining cocoa does not change, there will be no chocolate in twenty years. With cell-cultivated cocoa, this Industry will no longer need to rely on nature. Chocolate and Confectioners companies are beginning to invest in companies that develop "lab cocoa." Earlier this month, the maker of Oreo participated in a seed round financing of 4.5 million dollars for the startup Celleste Bio, which focuses on cell-cultivated cocoa.
How Rising Cocoa Prices and Consumer Behavior Affect HSY's Future
Are Investors Undervaluing The Hershey Company (NYSE:HSY) By 45%?
Hershey was downgrading the Target Price by Jefferies Financial and Mizuho.
Gelonghui, December 24 | Jefferies Financial has lowered the Target Price for Hershey from $155 to $150, and Mizuho has lowered the Target Price for Hershey from $195 to $170. (Gelonghui)
Express News | Shares of Hershey Down 1.8% After Brokerages Cut PT
Jefferies Maintains Hershey(HSY.US) With Sell Rating, Cuts Target Price to $150
Express News | Hershey : Jefferies Cuts Target Price to $150 From $155
Is The Hershey Company's (NYSE:HSY) ROE Of 42% Impressive?
We Think Hershey (NYSE:HSY) Can Stay On Top Of Its Debt
Express News | Trump: Now is not the right time for Congress to request a pay raise.
Cocoa Surges Past $12,000 on Supply Concerns
Commodity Roundup: Cocoa Prices Hit Fresh Highs; UBS Retains Bullish View on Gold
Express News | European Central Bank Governor Weidmann: When the economy performs well, Algo monetary policy is no longer as effective.
Farewell to "chocolate freedom"? Supply concerns have reignited, and cocoa prices have skyrocketed to a historic high.
Cocoa Futures prices in New York have reached new highs, which may intensify the cost pressures faced by chocolate manufacturers and consumers.
Express News | Song Zhiping: Now is a good time for mergers and reorganizations.
Notable Analyst Calls This Week: AMD, Adobe and Utilities Stocks Among Top Picks
Deal Dispatch: Hershey Wants More From Mondelez, Houlihan Shops Intevac, Onion And Infowars Saga Continues
Key Deals for the Week: Patterson, Hershey & Mondelez, AIG & Nippon and More
Hershey Merger Talks Melt: Did High Cocoa Prices, Mondelez Buyback Program Hurt Deal?
JPMorgan Elects Hershey's Chief Executive Michele Buck to Board