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Fly News Breaks for September 14, 2018
HAS
Sep 14, 2018 | 06:54 EDT
Jefferies analyst Stephanie Wissink added Hasbro to her firm's Franchise Picks List saying she sees 50% stock appreciation potential over the next one-to-two years. Hasbro's toy sales stand to grow and generate "strong" cash flow, backed by the company's "superior brand and content pipeline," Wissink tells investors in a research note. Further, she adds the company's direct strategies in media and gaming "are layered atop two powerful profit streams that carry higher multiples." The analyst keeps a Buy rating on the shares.
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