Hasbro shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight.
Portfolio Pulse from Benzinga Newsdesk
Hasbro shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight.
May 23, 2024 | 1:10 pm
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POSITIVE IMPACT
JP Morgan upgraded Hasbro's stock from Neutral to Overweight, leading to a rise in its share price.
An upgrade from a major financial institution like JP Morgan typically signals confidence in the company's future performance, which can attract more investors and drive the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100