Hasbro (HAS) CEO Appointment is Well Regarded, Strategic Continuity is Likely - Jefferies

January 6, 2022 9:03 AM EST
Get Alerts HAS Hot Sheet
Price: $83.57 +2.40%

Rating Summary:
    14 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 13 | New: 20
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Jefferies analyst Stephanie Wissink reiterated a Buy rating and $120.00 price target on Hasbro (NASDAQ: HAS) after the company announced the internal appointment of Chris Cocks as CEO.

The analyst stated "We've engaged with Cocks on a number of occasions and have observed his influence at Hasbro, and
in the industry, grow to a level that affords this opportunity. Future value unlock for HAS comes from implementing multi-year sustained & scaled growth strategies and by integrating capabilities across owned IP - all factors Cocks has led with high regard & strong outcomes at Wizards."

For an analyst ratings summary and ratings history on Hasbro click here. For more ratings news on Hasbro click here.

Shares of Hasbro closed at $103.32 yesterday.

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