Stifel raised the firm’s price target on Hasbro to $82 from $78 and keeps a Buy rating on the shares ahead of Hasbro’s scheduled report of results for its “seasonally important” Q3 on October 24. The firm assumes mixed financials, which largely reflects a tough comp for Wizards of the Coast, but otherwise positive underlying trends, says the analyst, who made “modest upward revisions to our estimates and target price” and continues to recommend purchase of the stock, which remains a Stifel Select List pick.
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