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Enter Symbol:
Rating: HSY
Buy $96
down 3.00 %

Hershey Foods Corporation (NYSE: HSY) reiterated to Buy with price target $96 by Argus

Wednesday,  Jan 20, 2016  2:25 PM ET by Lynn Gilbert

Argus reiterated Hershey Foods Corporation (NYSE: HSY) to Buy with price target $96. Previously, Argus rated Hershey Foods Corporation (NYSE: HSY) to Buy with price
target $96 on 12/08/2015, when the stock price was valued at $86.97. Since then, Hershey Foods Corporation's stock price has lost 3% as of 01/20/2016's recent price of $83.97.
If you had followed Argus's previous recommendation on HSY, you would have lost 3% of your investment in 43 days.

The Hershey Company is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. Hershey markets such well-known brands as Hershey's, Reese's, Hershey's Kisses, Kit Kat, Almond Joy, Mounds, York, Jolly Rancher, Twizzlers, and Ice Breakers as well as innovative new products such as Swoops and Hershey's S'mores. Hershey also offers a variety of snack products to consumers, including Hershey's Cookies, Mauna Loa macadamia nuts, and Hershey's Snack Barz.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system

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