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Hasbro Appoints New Senior Vice President of Dungeons & Dragons

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Hasbro (HAS) Not Immune to Macroeconomic Pressures Says Analyst

October 5, 2022 1:11 PM EDT

Hasbro (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 EDT

DA 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