Hasbro price target raised to $78 from $76 at Stifel

Stifel raised the firm’s price target on Hasbro to $78 from $76 and keeps a Buy rating on the shares. Hasbro reported better-than-expected Q2 results, representing the second-consecutive quarter of meaningful upside relative to Street estimates, the analyst tells investors. Following a guidance upgrade for 2024, the firm raised estimates and notes that Hasbro remains a Stifel Select List idea.