Analysts at Nomura initiated coverage on Hershey Co HSY with a Reduce rating.
The target price for Hershey is set to $88.
Hershey shares have dropped 0.12% over the past 52 weeks, while the S&P 500 index has surged 11.18% in the same period.
Hershey's shares fell 1.13 percent to close at $100.27 on Friday.
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