Hasbro, Inc. (NASDAQ:HAS) has seen an array of investment shifts from institutions like
Clarius Group LLC, SG Americas Securities and
Cardinal Capital Management among others, who have increased their stock positions. The toy manufacturer has performed well, securing high-value appeal and momentum, despite dipping markets. Its robust financial performance has won it an upgrade on its relative strength rating, further instilling investor confidence. A significant decision, however, is the company's postponed decision on a potential HQ move.
Citigroup has recently reiterated its 'Buy' rating for Hasbro, anticipating an increase in the target price. Even though the stock has seen intermittent declines, it remains a recommended addition to value investing portfolios. One notable aspect is Hasbro's ability to surpass expectations in the first quarter earnings and its extension of the Disney Licensing Deal, which caused a surge in the stock. Shareholders have approved the board and executive compensation, and
Morgan Stanley predicts a positive forecast for the company's stock price. Although Hasbro has faced hurdles due to Trump tariffs, its strategic approach has ensured resilience. A key highlight on the horizon could be
Elon Musk teasing about acquiring Hasbro.
Hasbro Stocks HAS News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 21 Jun 2025 20:13:23 GMT -
Rating 8
- Innovation -2
- Information 6
- Rumor -2