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Fly News Breaks for January 17, 2018
BETR, HSY
Jan 17, 2018 | 09:36 EDT
SunTrust analyst William B. Chappell raised his price target for Amplify Snack Brands (BETR) to $12 from $6 to reflect Hershey's (HSY) offer to buy the company. The analyst reiterates a Hold rating on Amplify Snack Brands shares, adding that he does not believe that a competitive bid at a higher price will emerge.