Hasbro (HAS), a leading toy and board game company, has recently been in the limelight due to an array of reasons. It has demonstrated strong valuation despite market oscillations, with several investment firms altering their stock positions. For instance, Avior Wealth Management, Kingswood Wealth Advisors, and Lecap Asset Management increased their HAS holdings, while Ballentine Partners and Robeco Institutional Asset Management sold HAS shares. Furthermore, firms like Tectonic Advisors and Wealth Enhancement Advisory Services hold stock positions worth millions in HAS.
Investors are demonstrating various stances on the stock. Despite some suggesting a 'sell' outlook, others recommend 'hold' or 'strong buy,' reflecting a mix of estimations about the stock's future performance. Positive influencers include its earnings and revenues exceeding estimates, leading to stock surge. The price targets by Bank of America and Monness Crespi & Hardt were revised to $100 and $90, respectively.
Negative influencers include potential tariff pressures and the implications of rising toy prices. However, areas of optimism include the strong Q2 earnings results, its stock outperforming other consumer discretionary stocks, and the announcement of the Women Innovators Design Challenge.
Hasbro Stocks HAS News Analytics from Thu, 20 Feb 2025 08:00:00 GMT to Sat, 11 Oct 2025 07:49:35 GMT - Rating 3 - Innovation 3 - Information 7 - Rumor 6