Hasbro Stocks (NASDAQ:HAS) has seen a volatile period with multiple factors at play. The investment group, Wellington Management Group LLP, purchased 11,811 shares of Hasbro, accentuating investors' interest in the stock. However, concerns surrounding tariff escalations with China have negatively impacted the stock, leading to Citi lowering its price target. American Century Companies Inc., JPMorgan Chase & Co., and Envestnet Asset Management Inc. are among entities that have reduced their holdings in the company. Despite this, Hasbro's strategic focus shift resulted in a stock surge and has been upgraded by DA Davidson to a 'Hold' Rating. Analysts’ target price for Hasbro Stock, amidst these events, remains to be defined. Hasbro Stocks have also been impacted by rising toy prices. Legal & General Group Plc and Franklin Resources bought shares in Hasbro even as the stock hit a one-year low. Interestingly, rumors of Elon Musk acquiring Hasbro and Dungeons & Dragons pushed the stock up, although this was followed by a steep decline after the company posted Q3 results.
Hasbro Stocks HAS News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Sat, 19 Apr 2025 07:32:04 GMT -
Rating -5
- Innovation 0
- Information 2
- Rumor -6
