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Fly News Breaks for April 27, 2015
HSY
Apr 27, 2015 | 07:07 EDT
After Hershey reported lower than expected Q1 EPS and reduced its guidance, Wells Fargo says that data indicates that the company's results in China bottomed in Q1. The firm says that the stock is trading at a 4% premium to its food peers, versus the 20 year average of a 20% premium. Wells keeps an Outperform rating on the stock.
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