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Fly News Breaks for October 20, 2015
HAS
Oct 20, 2015 | 06:40 EDT
Piper Jaffray analyst Stephanie Wissink recommends using yesterday's post-earnings selloff in shares of Hasbro as a buying opportunity. "Timing nuances" in the girls and games businesses and a "sell on the news" phenomenon around Star Wars overshadowed an increasingly positive forward outlook, Wissink tells investors in a research note on the toymaker's Q3 results. She views concerns as overblown and keeps an Overweight rating on the name with an $85 price target.
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