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Fly News Breaks for February 13, 2019
HAS
Feb 13, 2019 | 08:06 EDT
Wells Fargo analyst Timothy Conder lowered his price for Hasbro to $90 from $95 following the company's Q4 sales/EPS miss on greater-than-anticipated Toys R Us impact and ongoing retail transition. The analyst still believes it will take through 2019 for the industry to fully absorb Toys R Us' market share. Conder reiterates a Market Perform rating on the stock.
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