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Fly News Breaks for January 14, 2020
HAS
Jan 14, 2020 | 09:11 EDT
MKM Partners analyst Eric Handler raised his price target on Hasbro to $125 and kept his Buy rating after adding the contribution from the recently acquired Entertainment One, or eOne, saying that he is positive on the company's efforts in "building out a media driven strategy to better monetize its IP." The analyst notes that Hasbro has taken positive steps in feature film, TV and video games over the recent years, and its eOne acquisition should accelerate the monetization process.