Hasbro price target raised to $94 from $79 at Stifel

Stifel analyst Drew Crum raised the firm’s price target on Hasbro to $94 from $79 and keeps a Buy rating on the shares. While the stock “has been a relative laggard over the last several years,” the “pendulum has started to swing the other direction,” contends the analyst, who argues “no company is undergoing more change (currently) than Hasbro” within his coverage universe. Based on the firm’s analysis of the key changes and opportunities for Hasbro, the firm is “increasingly more bullish here,” the analyst tells investors.