Hasbro shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $70 to $80.
Portfolio Pulse from Benzinga Newsdesk
Hasbro shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $70 to $80.
June 14, 2024 | 1:36 pm
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Hasbro shares are trading higher following an upgrade from B of A Securities, which raised the stock rating from Neutral to Buy and increased the price target from $70 to $80.
The upgrade from a major financial institution like B of A Securities is likely to boost investor confidence in Hasbro, leading to increased buying activity and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100