Hasbro (HAS) PT Lowered to $100 at Stifel on 3Q Report; 'Record Results But TRU Bankruptcy Weighs On Estimates'

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Go back to Hasbro (HAS) PT Lowered to $100 at Stifel on 3Q Report; 'Record Results But TRU Bankruptcy Weighs On Estimates'

Barclays Upgrades Hasbro (HAS) to Overweight

October 24, 2017 7:33 AM EDT

Barclays 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 EDT

Jefferies 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 EDT

By 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 EDT

Hasbro (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