Fly News Breaks for April 24, 2018
HAS
Apr 24, 2018 | 07:43 EDT
Monness Crespi upgraded Hasbro to Buy with a $110 price target. Analyst Jim Chartier said The Toys "R" Us liquidation has created a buying opportunity for Hasbro shares which are down 10% since the end of February. The analyst only trimmed 2018 earnings estimate to $5.00 from $5.10 saying the company's media backed brands will show more stability during the disruption and provide strong visibility into mid to high single digit growth in 2019.
News For HAS From the Last 2 Days