Visionary Horizons LLC, Michael S. Ryan Inc., Merit Financial Group LLC, 111 Capital, Mackenzie Financial Corp, and several other companies have increased their holdings in
Hasbro, Inc. (NASDAQ:HAS), contributing to the company's stock's recent performance. Despite potential challenges due to tariff changes and fallout from the COVID-19 outbreak,
Hasbro's stock has seen relative strength and has been classified as a
top value and growth stock for the long term. The company's recent strong earnings, optimistic revenue forecasts, and extension of licensing deals have also fueled positive market sentiments.
Hasbro's shares skyrocketed after beats on earnings estimates, even despite trade uncertainties and the threat of tariffs. However, the company
did see a stock drop in recent times despite broader market gains. Hasbro appears well-positioned to manage tariff pressures according to its CEO, and continues to plan for both 'defense and offense' in relation to China tariffs. Some analysts maintain a 'Buy' position on Hasbro shares. However,
Citi lowered its price target for Hasbro amid concerns about potential tariff impacts, and negative outlook was issued by Zacks Research for the company's earnings.
Hasbro Stocks HAS News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Sat, 14 Jun 2025 19:51:35 GMT -
Rating 7
- Innovation -3
- Information 5
- Rumor -7
