Stock News: Major Stock Upgrades (ATU, WMB, HSY)

Actuant Corporation (NYSE:ATU) rose 1.15% to $20.18 following the stock was upgraded by JMS Research to “Buy” from “Neutral and set a price target of $25 a share, citing that demand is resurfacing in many of Actuant's end markets.

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The median Wall Street price target on the stock is $24 and the high target is set at $29 with majority of analysts have a Hold rating on the company’s stock. The 50- Day Moving Average and 200-Day Moving Average prices are $20.97 and $19.40 respectively.

Williams Companies, Inc. (NYSE:WMB) are up 0.76% to $21.23 after Goldman Sachs added the company stock to its conviction buy list, citing favorable risk/reward ratio.

"An investment in WMB provides a superior growth & income vehicle for today's uncertain market, as WMB's higher-beta E&P assets are tempered by the lower-risk at its MLP (Williams Partners (WPZ.N))," analysts at Goldman Sachs wrote in a note.

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Hershey (NYSE: HSY) was upgraded by Sanford C. Bernstein from “Underperform” to “Market Perform.” The Firm also raised the price target by $11 to $52.

The median Wall Street price target on the stock is $48 and the high target is set at $55 with majority of analysts have a Hold rating on the company’s stock. The 50- Day Moving Average and 200-Day Moving Average prices are $48.11 and $41.73 respectively.

Shares of HSY climbed 1.03% to $50.96 in the opening session.

The Hershey Company is a manufacturer of chocolate and sugar confectionery products. The Company’s principal product groups include chocolate and confectionery products; snack products; gum and mint refreshment products; and pantry items, such as baking ingredients, toppings and beverages.

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