DA Davidson cuts Hasbro (HAS) to Neutral as industry future remains clouded
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January 2, 2024 7:56 AM EST(Updated - January 2, 2024 12:13 PM EST)
Investing.com -- Main U.S. indexes traded lower Tuesday, with investors consolidating after a stellar year ahead of the release of key manufacturing activity data.
Here are some of the biggest U.S. stock movers today:
Tesla (NASDAQ: TSLA) stock climbed 0.3% after the electric car manufacturer said it delivered 484,507 units in the four quarter, above... More
DA Davidson Downgrades Hasbro (HAS) to Neutral, 'cutting estimates'
January 2, 2024 6:13 AM EST(Updated - January 2, 2024 6:14 AM EST)
DA Davidson analyst Linda Bolton Weiser downgraded Hasbro (NASDAQ: HAS) from Buy to Neutral with a price target of $3.80 (from $4.00).
The analyst comments "Shares are up ~20% in two months, and we are taking this opportunity to cut... More
