Hasbro price target raised to $79 from $78 at Morgan Stanley

Morgan Stanley analyst Megan Alexander raised the firm’s price target on Hasbro to $79 from $78 and keeps an Overweight rating on the shares. The company’s “strong” Q2 beat and management commentary suggest that the second half outlooks “remains conservative and leaves room for continued upward revisions,” the analyst tells investors in a post-earnings note.