DA Davidson Downgrades Hasbro (HAS) to Neutral, 'cutting estimates'
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DA Davidson cuts Hasbro (HAS) to Neutral as industry future remains clouded
January 2, 2024 9:51 AM ESTDA Davidson has downgraded Hasbro, Inc. (NASDAQ: HAS) to a Neutral rating (From Buy) and cut their 12-month price target on the toymaker to $53.00 (From $60.00).
According to analysts at DA Davidson, indications point towards an uncertain path ahead for the toy industry as growth stagnates. Additionally, Wizards and Digital Gaming are facing... More
