Information Provided By:
Fly News Breaks for June 18, 2019
HAS
Jun 18, 2019 | 08:22 EDT
After meeting with the management team, Jefferies analyst Stephanie Wissink has "increased confidence in a directional trackline toward meaningful equity value creation" for Hasbro. This will come from doubling the Wizards gaming business over the next five years, diversifying risk over time, and taking advantage of near-term share opportunities, Wissink tells investors in a research note. The analyst keeps a Buy rating on Hasbro shares with a $120 price target.