DA Davidson analyst Linda Bolton Weiser lowered her price target on Hasbro to $103 and also lowered her FY19 EPS view to $4.20 from $4.70 to reflect the company's latest "weak quarter". The analyst cites the 13% decline in revenue and 30% drop in operating profit driven by "worse-than-expected channel inventory reduction in Europe and industry weakness". Longer term, Weiser keeps her Buy rating on Hasbro, with positive catalysts coming from the March 8th launch of Captain Marvel and April 26th launch of Avengers Endgame along with more licensing revenues coming from nine months of Power Rangers sales.

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