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Fly News Breaks for February 28, 2017
HSY
Feb 28, 2017 | 06:37 EDT
Societe General analyst Warren Ackerman ugpraded Hershey to Hold and raised its price target to $110 from $96 saying there is limited downside to growth from here and a more consumer-oriented portfolio should drive LFL growth to a a longer-term range of 3-4%. He also expects increased focus on operating efficiencies and target to drive margins up by 200bp by 2020.
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