Hasbro, an American multinational toy, board game, and media company, has garnered attention in upbeat and downbeat narratives recently. In certain quarters, hesitation is expressed regarding its upcoming dividend payouts. Swedbank AB, SG Americas Securities LLC, Cetera Advisors LLC, Cetera Investment Advisers, and others have augmented their existing stock positions. Notably,
Bank of America holds an optimistic view of the stock, projecting potential gains of up to 40%. This positivity follows Hasbro's robust digital gaming performance and consistently strong first-quarter earnings. Theories suggest further strength in shares driven primarily by digital gaming and rumors of potential acquisition interests from Mattel. However, Hasbro stock has been fluctuating, and investors have seen declines, even as the overall market improves. Criticism targets missed profits and a lackluster sales outlook. Yet, there are believers in Hasbro’s long-term growth and momentum potential, crediting the strength of its brands and success of its digital gaming strategy. Nevertheless, the stock observes mixed reactions due to various ownership changes by Czech National Bank, Janus Henderson Group PLC, Price T Rowe Associates Inc. MD, and others.
Hasbro Stocks HAS News Analytics from Mon, 18 Dec 2023 08:00:00 GMT to Sat, 17 Aug 2024 20:21:58 GMT -
Rating 1
- Innovation 0
- Information 7
- Rumor 3
