Hasbro (HAS) PT Lowered to $100 at Stifel on 3Q Report; 'Record Results But TRU Bankruptcy Weighs On Estimates'
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Barclays Upgrades Hasbro (HAS) to Overweight
October 24, 2017 7:33 AM EDTBarclays upgraded Hasbro (NASDAQ: HAS) from Equalweight to Overweight with a price target of $110.00 (from $111.00).
Analyst Felicia Hendrix believes the selloff is overdone noting the fundamental outlook remains "bright" as the company has a plethora of catalysts on the horizon.
For an... More
Hasbro (HAS) Defended at Jefferies
October 23, 2017 1:38 PM EDTJefferies analyst Stephanie Wissink has come out to defend Hasbro (NASDAQ: HAS) with shares down 8% following results this morning. The firm reiterated a Buy rating and price target of $125.00
Wissink said the stock move oversizes TRU risk and the long-term thesis is... More
Wall St. retreats from record as industrials, tech lag
October 23, 2017 7:33 AM EDTBy Chuck Mikolajczak
NEW YORK (Reuters) - U.S. stocks declined on Monday as each of the major Wall Street indexes retreated from a record, weighed down by a drop in technology and industrial shares.
General Electric (NYSE: GE), down 6.3 percent, suffered its biggest one-day percentage decline in more than six years after a host of brokerages cut their price targets on the stock, citing higher chances of a dividend cut at the industrial conglomerate.
After holding near the unchanged mark for most of the session, losses accelerated late in the session on downturn... More
Hasbro (HAS) Tops Q3 EPS by 3c, Slight Miss on Revenues
October 23, 2017 6:31 AM EDTHasbro (NASDAQ: HAS) reported Q3 EPS of $2.09, $0.03 better than the analyst estimate of $2.06. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.8 billion.
Third quarter 2017 revenues increased 7% to $1.79 billion, including 7% revenue growth in the U.S. and Canada segment; 7% in... More