Forget health and wellness -- Twinkie parent Hostess will benefit from consumer desire for indulgent snacks

Forget health and wellness -- Twinkie parent Hostess will benefit from consumer desire for indulgent snacks
·1 min read

Hostess Brands Inc. was initiated at outperform with a $22 target price at Credit Suisse based on the consumer desire for indulgent snacks that bucks the health and wellness trend. "We believe investors who pigeonhole Hostess as structurally disadvantaged owing to health and wellness trends are not looking closely enough," wrote analysts led by Robert Moskow. Analysts say data shows that consumers are snacking more and they're frequently looking for sweet snacks. "Our conclusion is that event co

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