Hershey Foods Price Target is Raised and 3 More Analyst Notes to Glance At

Stock upgrades and downgrades are a controversial part of Wall Street. Despite regulations, many banks and firms still have a positive bias toward current clients and companies desired as future clients. In addition, Wall Street analysts are straight-up biased to the buy side. The percentage of sell recommendations is normally below 15 percent!

Regardless, upgrades and downgrades move stocks in the short-term. They fall into our CHEAT SHEET framework category ‘C = Catalyst for a Stock?s Movement’. Here are catalysts you must know today:

Biomarin Pharm (NASDAQ:BMRN): Barclays reiterated its rating of Overweight for this company and changed its price target from $54 to $70.

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Hershey Foods (NYSE:HSY): Deutsche Bank reiterated its rating of Hold for this company and changed its price target from $75 to $80.

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Lance (NASDAQ:LNCE): Deutsche Bank reiterated its rating of Hold for this company and changed its price target from $26 to $27.

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Mondelez Int’l (NASDAQ:MDLZ): Deutsche Bank reiterated its rating of Hold for this company and changed its price target from $26 to $29.

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