Nomura Initiates Hershey At Reduce

Analysts at Nomura initiated coverage on

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.