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Fly News Breaks for February 8, 2018
HAS
Feb 8, 2018 | 09:32 EDT
BMO Capital analyst Gerrick Johnson raised his price target on Hasbro to $100 after the company's Q4 earnings beat, but notes that operating performance was "well below expectations", with gross margins missing estimates and Star Wars segment trending softly. Johnson keeps his Market Perform rating on Hasbro, adding that the stock typically rallies into the Toy Fair scheduled for February 16th and sees the focus turning to the release of Frozen 2.
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