Roth Capital raised the firm’s price target on Hasbro (HAS) to $92 from $86 and keeps a Buy rating on the shares. The price target increase reflects Hasbro’s stronger than expected Q2 results, reduced tariff expectations, and a higher second half outlook for Wizards and Magic: The Gathering, the analyst tells investors in a research note. The positive momentum should carry over nicely into 2026, the firm adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HAS:
- Hasbro Reports Growth in Gaming, Raises 2025 Outlook
- Hasbro’s Earnings Call: Positive Outlook Amid Challenges
- Trump announces tariff deal with Japan, AT&T reports Q2 beat: Morning Buzz
- Morning Movers: Fiserv sinks following second quarter results
- Video: Texas Instruments drops after earnings, Japanese automakers rally