DA Davidson Maintains Buy on Hasbro, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Linda Bolton Weiser maintains a 'Buy' rating on Hasbro (NASDAQ:HAS) but lowers the price target from $80 to $71.
October 20, 2023 | 5:56 pm
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Hasbro's price target has been lowered from $80 to $71 by DA Davidson, though the 'Buy' rating is maintained.
The lowering of the price target by DA Davidson could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100