Goldman Sachs Downgrades Hasbro (HAS) to Neutral
Tweet
Share
E-mailGet Alerts HAS Hot Sheet
Price: $89.98 +2.62%
Rating Summary:
17 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 12 | New: 74
Rating Summary:
17 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 12 | New: 74
Join SI Premium – FREE
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Hasbro (HAS) call put ratio 13.9 call to 1 put with a focus on October 92.50 and 95 calls
- Hasbro to Announce Third Quarter 2026 Earnings on October 20, 2026
- BofA Securities Downgrades Muthoot Finance Ltd (MUTH:IN) to Underperform
Create E-mail Alert Related Categories
Downgrades, Hot DowngradesRelated Entities
Goldman Sachs, HasbroSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
