Wells Fargo downgraded Hershey (HSY) to Underweight from Equal Weight with a price target of $160, down from $175.
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Read More on HSY:
- Albertsons terminates Kroger deal, Macy’s reports Q3 beat: Morning Buzz
- Hershey Trust rejects takeover offer from Mondelez, Bloomberg reports
- Mondelez release ‘throws cold water’ on Hershey deal talk, says Citi
- Hershey’s main owner rejected Mondelez bid as too low, Bloomberg says
- Hershey Trust turns down Mondelez takeover approach, Bloomberg reports
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
