Piper Sandler cuts Mondelez stock rating on cocoa cost concerns
International shares, downgrading the stock from Overweight to Neutral and reducing the price target to $63.00 from the previous $70.00. The stock, currently trading at $58.41 with a market ...
BMI hikes cocoa price forecast as production-related concerns remain
BMI (a unit of Fitch Solutions) on Thursday revised up its price forecast for ICE-listed second-month cocoa futures to $7,600 ...
Ghana delayed delivery of 370,000 t of cocoa in the 2023/24 season, official says
Ghana has delayed the delivery of 370,000 metric tons of cocoa in the 2023/24 season due to poor output, its food and ...
Piper Sandler cuts Hershey stock rating on cocoa cost concerns
Piper Sandler, a well-known financial firm, downgraded Hershey shares from Neutral to Underweight, adjusting the confectioner's price target to $120 from the previous $153. According to InvestingPro ...