Hershey (HSy) PT Lowered to $127 at Citi

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Goldman Sachs Downgrades Hershey (HSY) to Sell Citing Pressure on Street Estimates

January 16, 2018 3:33 AM EST

Goldman Sachs downgraded Hershey (NYSE: HSY) from Buy to Sell with a price target of $101.00 (from $106.00).

Analyst Jason English comments "HSYs core profit center single serve chocolate appears to be coming under pressure from secular demand headwinds and more elevated (and seemingly enduring)... More