JPMorgan raised the firm’s price target on Hasbro to $52 from $48 and keeps a Neutral rating on the shares. The analyst added eOne and cost savings into the company’s estimates. The firm expects a “conservative” 2024 outlook from the company.
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Read More on HAS:
- Hasbro price target lowered to $73 from $78 at Morgan Stanley
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- Hasbro downgraded to Neutral from Buy at DA Davidson
- Hasbro completes $375M eOne sale to Lionsgate, to retire $400M of debt
