Hasbro, Inc. (NASDAQ:HAS) has been experiencing several notable developments lately. Wellington Management Group LLP, Two Sigma Investments LP and others have collectively acquired substantial quantities of shares, signifying a positive investment sentiment. Several reports suggest that Hasbro is a strong value stock, indicating its favorable financial indicators and investment potential despite occasional dips in the market. Major investments and increased stock holdings by various firms, including NBC Securities Inc., and 111 Capital further enhance this impression. Morgan Stanley has issued a positive price forecast. The company has announced strong Q1 results, beating previous estimates. This resulted in an uptick in the share price. Despite the pressure from Trump tariffs, which were seen as manageable but unwelcome by the CEO, the company managed to up its revenue forecast for 'Wizards of the Coast'. The company’s stocks took a hit after Trump's China tariff escalation, but market analysts remained largely optimistic as noted by UBS's continued Buy rating. Wall Street analysts appear bullish on the stock despite a few minor setbacks.
Hasbro Stocks HAS News Analytics from Fri, 29 Nov 2024 08:00:00 GMT to Sat, 07 Jun 2025 16:19:48 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -5
