Hasbro, Inc. (HAS), a leading producer of play experiences and entertainment, is making significant waves in the stock market. Despite some legal issues vaguely dampening the stock, it has been outperforming competitors on busy trading days. Even though there have been some fluctuations, Hasbro has experienced a notable 35% stock increase in the past six months. Brighton Jones LLC and Robeco Institutional Asset Management B.V. are among the parties who have shown increased investment in HAS recently.
Analysts from Jeffries have cut the price target but maintained a buy rating. This is attributed to the company's promising transformation and potential for high dividends. The rumours about Elon Musk considering an acquisition of Hasbro boosted the stock, hitting a 52-week high of $72.26. Hasbro stock has seen surges influenced by Musk alongside their demonstrated growth and earnings strength.
However, some financial analysts and investors consider Hasbro to be slightly risky due to various factors such as untapped potential and a larger drop than General Market. Different brokers suggest investing in Hasbro due to its strong momentum and rising relative strength.
Hasbro Stocks HAS News Analytics from Wed, 24 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 00:45:23 GMT - Rating 6 - Innovation 3 - Information 3 - Rumor 0