Hasbro Announces Plan to Grow Profit 50% Over Next Three Years
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Hasbro (HAS) Not Immune to Macroeconomic Pressures Says Analyst
October 5, 2022 1:11 PM EDTHasbro (NASDAQ: HAS) shares are down over 2% Wednesday, a day after the company hosted its Investor Day, where it reportedly introduced its "Brand Blueprint 2.0."
In a note to clients following the event, BofA analyst Jason Haas said, "toys aren't immune to macroeconomic pressures."
"Hasbro cut its 2022 ex. FX revenue guidance from up low single digits to... More
Hasbro (HAS) PT Lowered to $112 at DA Davidson
October 5, 2022 10:10 AM EDTDA Davidson analyst Linda Bolton Weiser lowered the price target on Hasbro (NASDAQ: HAS) to $112.00 (from $128.00) while maintaining a Buy rating.
The analyst commented, "At BUY-rated HAS' analyst meeting, they lowered 2022 guidance; 3Q22E sales were -15% due to retailer inventory... More
