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SunTrust Reiterates Hold Rating on Hasbro (HAS) Following Purchase of eOne

August 23, 2019 7:38 AM EDT

SunTrust analyst Michael Swartz reiterated a Hold rating and $118.00 price target on Hasbro (NASDAQ: HAS) following the company's $4B purchase of eOne. Swartz believes that the purchase adds attractive pre-school properties and established entertainment assets that present considerable LT growth opportunities.

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