Roth MKM analyst eric Handler raised the firm’s price target on Hasbro to $80 from $74 and keeps a Buy rating on the shares after its Q2 results. The company’s restructuring efforts and Blueprint 2.0 transition are making good progress and the firm was encouraged by the results and guidance expectations from Consumer Products and Wizards of the Coast, the analyst tells investors in a research note.
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Read More on HAS:
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- Hasbro reports Q2 adjusted EPS 49c, consensus 57c
- Hasbro to sell eOne Film & TV business to Lionsgate for $500M
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