Hershey Foods (HSY) Tops Q1 EPS by 6c; Updates Outlook

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Hershey (HSY) PT Lowered to $114 at Deutsche Bank; 'Not Enough Crunch'

April 28, 2017 8:25 AM EDT

Deutsche Bank lowered its price target on Hershey (NYSE: HSY) to $114.00 (from $117.00) while maintaining a Hold rating.

Analyst Rob Dickerson said a small deceleration in North America snacking, increased competition across the store, and potentially higher brand investment needs coupled with more difficult... More