Hasbro Inc. (ticker: HAS) has seen its
stock performance being closely watched by investors, climbing on multiple occasions, driven by strong earnings and inventory management, exceeding market expectations. Institutions such as
Public Employees Retirement System of Ohio,
Motley Fool Asset Management, and
Swedbank AB have taken strong positions, indicating their confidence in Hasbro's long-term value. Its
Q1 and
Q2 2024 earnings also surpassed projected revenues, providing a boost to its stock price. There have been some shares sold off by organizations like the
Public Employees Retirement Association of Colorado and the
Swiss National Bank, and yet Hasbro's stock appears resilient. Investment banks, including
Bank of America and
Morgan Stanley, have raised their price targets for HAS, suggesting potential gains.
Magic: The Gathering, a Hasbro product, remains a variable factor, with views differing among analysts, while its digital gaming sector shows strength.
M&G Plc and the
State Board of Administration of Florida Retirement System have invested significantly, and
Vanguard Group Inc. holds a massive stake in the company. Despite diverse performance, the outlook for Hasbro generally remains positive.
Hasbro Stocks HAS News Analytics from Mon, 18 Dec 2023 08:00:00 GMT to Sun, 04 Aug 2024 04:45:48 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 6
