DA Davidson analyst Keegan Cox raised the firm’s price target on Hasbro (HAS) to $80 from $75 and keeps a Neutral rating on the shares. Hasbro’s tariff situation is not as bad as originally feared with recent trade deals, with minimal impact to Q2 results, but costs will begin flowing through in Q3 and retailers are still being cautious with their orders, the analyst tells investors in a research note. A return to growth in toys may be in the cards for 2026, the firm says.
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