Hasbro Inc. has been outperforming other consumer discretionary stocks in the current year. Numerous banks and investment groups, including
M&T Bank Corp and
Apollon Wealth Management LLC, are making moves in Hasbro holdings. Following a stronger-than-expected first-quarter earnings report,
Hasbro's stock (HAS) has been seeing significant increases, driving its rising rank among growth stocks.
The Children's Place and Hasbro found themselves marked as promising aggressive growth stocks. An upwards revision of Hasbro stock price was made on
'Magic: The Gathering' outlook, contributing to the stocks' increasing rating level. Downward shifts also occurred, with experts suggesting caution in buying due to it being ex-dividend, and concerns over the company's downbeat sales outlook. Despite reporting lower than expected Q4 earnings, the company still showcased strength in licensing. However,
Magic: The Gathering's success is predicted to impact Hasbro stock negatively. With projections for lower 2024 sales, the stock has fallen slightly.
New York Life Investment Management LLC has reduced its Hasbro stocks. Amidst these developments, Hasbro declared a dividend of $0.70, and its price target has been raised to $70.00.
Hasbro Stocks HAS News Analytics from Tue, 05 Sep 2023 07:00:00 GMT to Thu, 16 May 2024 12:38:30 GMT -
Rating 7
- Innovation -2
- Information 6
- Rumor -5
