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Hasbro Stocks HAS - News Analyzed: 3,499 - Last Week: 97 - Last Month: 484

β‡— Hasbro Stocks HAS Sees Major Fluctuation Amid Investment Firm Shifts and Q2 Earnings Performance

Hasbro Stocks HAS Sees Major Fluctuation Amid Investment Firm Shifts and Q2 Earnings Performance
Hasbro Inc. has been on a tumultuous journey according to the recent events in its stock market performance. On numerous occasions, large investment firms including Russell Investments Group Ltd. and Vanguard Group Inc. have demonstrated significant holdings in Hasbro. In particular, Russell secured $1.56 million worth, while Vanguard amassed $880.91 million in the company. HAS stock rallied due to a rise in Q2 earnings and revenue, outperforming the market, which led to a surge in share prices, thanks to profit beat and digital gaming strength. Analyst views on this performance remain mixed, with suggestions that it should be included in investor portfolios before Q2 earnings. However, DA Davidson maintains a 'neutral' rating. Some firms, including Sei Investments Co. and Blair William & Co. IL, decided to sell their shares. Despite some underperformance in the market, Hasbro saw a rise in the stock due to strong Q2 earnings. The price targets for its shares have been raised by Stifel Nicolaus and Morgan Stanley. However, the 'Magic: The Gathering' outlook and new card sets were highlighted as a key risk.

Hasbro Stocks HAS News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 13:38:55 GMT - Rating 5 - Innovation 3 - Information 6 - Rumor -4

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