Hasbro (HAS) Higher as Stifel Nicolaus Upgrades, Adds to 'Select List'
HAS Hot Sheet
Rating Summary:2 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 20 | Down: 11 | New: 38
Hasbro (NYSE: HAS) shares are moving sharply higher this morning following an upgrade from Stifel Nicolaus earlier. The stock most recently traded at $28.84, up 3.3% from Friday's closing price.
The Stifel Nicolaus analyst raised his investment rating on the stock from Hold to Buy, also setting a $40 price target. In addition the firm now has Hasbro on its "Stifel Nicolaus Select List".
The firm believes that Hasbro has a strong product pipeline on the horizon: Transformers 3 and Spider-Man 4 are slated for release in 2011. Stifel also believes the stock will benefit as investors gain greater clarity on the company's joint-venture television network, expected to launch in fall 2010.
Visit our Analyst Ratings page to see all the upgrades/downgrades on shares of Hasbro.
Hasbro, Inc. engages in the design, manufacture, and marketing of games and toys.
The Stifel Nicolaus analyst raised his investment rating on the stock from Hold to Buy, also setting a $40 price target. In addition the firm now has Hasbro on its "Stifel Nicolaus Select List".
The firm believes that Hasbro has a strong product pipeline on the horizon: Transformers 3 and Spider-Man 4 are slated for release in 2011. Stifel also believes the stock will benefit as investors gain greater clarity on the company's joint-venture television network, expected to launch in fall 2010.
Visit our Analyst Ratings page to see all the upgrades/downgrades on shares of Hasbro.
Hasbro, Inc. engages in the design, manufacture, and marketing of games and toys.
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