DA Davidson analyst Linda Bolton Weiser says that Hasbro reported "solid" results, and the analyst expects the company's gross margins to rebound in 2H17. She thinks the revenue from Partner Brands should accelerate to a 7% increase in Q3, up from a 1% increase in Q2, driven by sales of Star Wars toys. The analyst raised her price target to $121 from $118 and recommends buying the stock on weakness.
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