Goldman Sachs analysts added Hershey (HSY) to the firm’s US Conviction List as part of its monthly update. Goldman believes Hershey will beat consensus estimates on greater market share gains and better than expected elasticities on planned pricing. The firm has a Buy rating on the shares with a $222 price target
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HSY:
- Snickers Maker Mars Plans $1.2B Investment in Europe as Expansion Drive Hits a Snag
- Trump announces $15B libel suit against New York Times: Morning Buzz
- Buy Rating for The Hershey Company: Strong Pricing Power and Market Share Growth Drive Positive Outlook
- Trump announces $15 libel suit against New York Times: Morning Buzz
- Early notable gainers among liquid option names on September 16th
