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Fly News Breaks for April 24, 2019
HAS
Apr 24, 2019 | 07:36 EDT
MKM Partners analyst Eric Handler raised his price target on Hasbro to $112 and kept his Buy rating after its "big beat" in Q1, saying he is feeling "more optimistic" on the company's recovery efforts. The analyst notes that while Q1 is seasonally slow, the company exceeded projections on all key metrics, showing signs that it is starting to "turn the corner" toward the peak levels seen in 2017. Despite the management maintaining its FY19 guidance, Handler raises his EPS outlook by 10c to $4.50 after the Q1 results.
News For HAS From the Last 2 Days
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Apr 24, 2024 | 16:14 EDT
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