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Hostess Shares are Cooking After Analyst's Upgrade

Rob Lenihan

, maker of Ho-Hos, Ding Dongs, and Twinkies, found a sweet spot Monday, climbing 2.8% to $14.28, after an UBS analyst upgraded the snack company to buy from neutral. Analyst Steven Strycula also raised his price target on the Kansas City, Missouri-based company to $17 from $14. Last year, Hostess acquired the Cloverhill bakery on Chicago's Northwest Side from Aryzta for an undisclosed sum.