Van ECK Associates Corp and Commonwealth Equity Services LLC have increased their positions in Hasbro (HAS) stocks, while Ashton Thomas Private Wealth LLC has liquidated a portion of its Hasbro shares. These changes follow Hasbro's Q1 earnings review, which outperformed market expectations. The stock has had some recent dips in performance yet its position strengthens as earnings beat estimates. Bank of America believes Hasbro can gain up to 40%, while there are also concerns about capital allocation hurdles. Despite some declines, the stock shows improved relative strength. Its outlook however remains skeptic due to a downbeat sales expectation. Furthermore, Hasbro's increasing international revenue performance may balance out weak areas. While digital gaming strategies are deemed successful, challenges such as Magic: the Gathering could weigh on the price. AMF Tjanstepension AB recently purchased a significant amount of shares, indicating confidence at some level. The future of Hasbro remains ambiguous as its performance fluctuates and expert opinions on its stocks vary.
Hasbro Stocks HAS News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 10:31:54 GMT -
Rating 2
- Innovation 5
- Information 7
- Rumor -1
