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Hershey Foods Corp. (HSY) Misses Q4 EPS by 1c; Boosts FY13 EPS Outlook

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Goldman Sachs Removes Hershey (HSY) from Conviction Buy List

February 4, 2013 6:52 AM EST

Goldman Sachs downgraded Hershey (NYSE: HSY) from Conviction Buy to Neutral with a price target of $86.00 (from $84.00).

The firm said shares are less compelling following recent strength. The firm prefers Mead Johnson Nutrition Company (NYSE: MJN) and Mondelez... More