Goldman Sachs Downgrades Hasbro (HAS) to Neutral

Article Stock Quotes (1) Comments (0)

Goldman Sachs downgraded Hasbro (NASDAQ: HAS) from Buy to Neutral with a price target of $39 following a Q3 miss.

The firm said their By rating was based on a view that the company would generating solid double-digit EPS growth from Transformers 3. However, now they expect only single-digit EPS growth.

The firm lowered 2011/2012/2013 EPS estimates to $2.74/$2.94/$3.24 from $2.94/$3.44/$4.01.

For more ratings news on Hasbro click here and for the rating history of Hasbro click here.

Shares of Hasbro closed at $34.99 yesterday, with a 52 week range of $31.36-$50.17.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Goldman Sachs Downgrades Deere (DE) to Sell, Sees 5% Downside
• William Blair Downgrades Savient Pharmaceuticals (SVNT) to Market Perform
• UPDATE: Macquarie Downgrades Barrick Gold (ABX) to Underperform

Create E-mail Alert Related Categories

Downgrades, Hot Downgrades

Related Entities

Goldman Sachs, Hasbro

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?