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Fly News Breaks for May 27, 2015
HSY
May 27, 2015 | 07:26 EDT
After attending the Annual Sweets & Snacks Expo, Wells Fargo says that the snacking market has become more developed. The firm thinks that Hershey's innovations can help its growth in the candy gum and mint category continue to outpace that of its peers. Wells thinks that the company's ability to make acquisitions and expand into new products can enable it to start selling new types of snacks, such as meat snacks. The firm keeps an Outperform rating on the shares.
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