Jefferies raised the firm’s price target on Hasbro (HAS) to $120 from $112 and keeps a Buy rating on the shares following “strong” Q4 results. While tariffs and higher royalties present headwinds, guidance points to continued growth and healthy profitability in 2026, the firm told investors in a research note. Jefferies added that it reiterates Hasbro as its top toy pick citing durable Magic The Gathering momentum, improving consumer products consistency and a stronger cost base.
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