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Hershey Sale Rumor Refuted

Stock quotes in this article: COO , HSY , GME , ASBC , CFC  

Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have been upgraded by analysts, are experiencing activist situations or some other market moving events.

Rumors of the Day: According to Reuters, Hershey's(HSY Quote) controlling shareholder said he is committed to maintaining control of the company. Hershey Trust Chairman Leroy Zimmerman made comments in response to a Deutsche Bank note, which suggested the company may reconsider its position on a sale. The stock lost 11 cents to $46.43.

Jefferies initiated coverage of The Cooper Cos.(COO Quote) with a hold rating. The firm offered a price target of $48. ...

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