Hershey downgraded to Sell from Neutral at Goldman Goldman Sachs downgraded its rating on Hershey (HSY) shares to Sell from Neutral saying the stock is priced for perfection and the company's cycle of strong earnings growth is ending. Goldman lowered its price target for the stock to $90 from $105. Shares of Hershey closed yesterday down $1.28 to $101.72.
Hershey estimates and price target raised at JPMorgan JPMorgan raised its 2015 and 2016 earnings estimates for Hershey citing greater confidence in the company's revenues and gross margins after meeting with management. The firm upped its price target for shares to $105 from $101 and keeps an Overweight rating on the stock.