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Fly News Breaks for February 14, 2018
HSY
Feb 14, 2018 | 07:56 EDT
Despite "meaningful" underperformance year-to-date for Hershey shares, Morgan Stanley analyst Matthew Grainger still sees fundamental risk to the downside given the accelerated market share losses in the company's core chocolate category, he tells investors. Competitive pressure within chocolate and snacking continues to build, which should keep constraining margin expansion over the mid-term, said Grainger, who keeps an Underweight rating and $100 price target on Hershey shares.
News For HSY From the Last 2 Days
HSY
Apr 19, 2024 | 05:09 EDT
