Hasbro price target raised to $86 from $72 at Roth Capital

Roth Capital raised the firm’s price target on Hasbro (HAS) to $86 from $72 and keeps a Buy rating on the shares. The company’s Play to Win initiatives should further grow Hasbro’s key brands across new categories and through new partnerships while maintaining cost discipline and improving profitability, the analyst tells investors in a research note. Roth adds that it anticipates upside from the Wizards & Digital Gaming segment in Q2 and the second half of the year.