DA Davidson raised the firm’s price target on Hasbro (HAS) to $73 from $59 and keeps a Neutral rating on the shares. The analyst cites the company’s Q3 EBITDA beat while also raising its target earnings multiple to 15x from 14x while rolling forward the firm’s model by a year, the analyst tells investors in a research note.
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Read More on HAS:
- Hasbro price target lowered to $79 from $82 at JPMorgan
- Hasbro price target raised to $92 from $80 at Morgan Stanley
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- Hasbro reports Q3 adjusted EPS $1.73, consensus $1.28
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