As reported earlier, MKM Partners analyst Eric Handler upgraded Hasbro (HAS) to Buy from Neutral and raised his price target to $115 from $92. The analyst says investors should look beyond the 2018 industry issues and anticipate a "material fundamental recovery" in the next two years thanks to the company's large toy line additions and expected margin expansion. Handler models a double-digit earnings growth to reach $6 EPS by 2020, which he says still does not include the anticipated PLAYSCHOOL partnership with Netflix (NFLX) or feature film investment benefits.

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Comcast (CMCSA) is scheduled to announce quarterly results on April 25, while Paramount (PARA) and Warner Bros. Discovery (WBD) are... To see the rest of the story go to thefly.com. See Story Here