Hasbro Inc. (HAS) is experiencing notable changes in its market position. Despite market gains, the stock has seen some drops and its performance, when compared to other toy and electronic stocks during Q4, did not particularly stand out. Amidst this scenario, DA Davidson maintained a neutral outlook with a $75 target. This decision might have been influenced by Hasbro's new strategic plan that led the stock to surge over 10%. Large financial companies, such as Amundi, Charles Schwab Investment Management Inc., and CM Management LLC continue to invest significantly in Hasbro, showing their confidence in the company's performance and stability. The company's ability to manage Trump tariffs might have also played a role. Interestingly, Hasbro had a unique development when Elon Musk considered buying the company. This speculation saw the stock go up, just like the time when the toymaker posted higher than expected results with a new game strategy. Even with some showing pessimism, Roth Capital remains optimistic about Hasbro's earnings. Hasbro's progress is measurable, with a promising new strategic plan and cost cuts contributing to its surge in the market. However, some analysts suggest a bearish outlook arguing that current stockholders might still be in the red compared to five years ago.
Hasbro Stocks HAS News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sat, 15 Mar 2025 22:40:40 GMT -
Rating -1
- Innovation 5
- Information 7
- Rumor -3
