Mattel upgraded after news that Toys 'R' Us will be revived [MarketWatch]
Hasbro, Inc. (HAS)
Last hasbro, inc. earnings: 4/29 06:00 am
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Source: MarketWatch
Mattel upgraded after news that Toys 'R' Us will be revived Mattel Inc. MAT, +2.51% was upgraded to hold from sell at CFRA on news that Toys 'R' Us, which liquidated last year, is making a comeback. CFRA lifted its price target to $15 from $13. The retailer expects to be back by the holiday season under the name Tru Kids Brands. "While we still expect toy makers to struggle as children play with tablets more than traditional toys, we view Tru Kids as an outlet for Mattel to clear inventories and recover lost sales from Toys 'R' Us. CFRA maintained its hold stock rating on Hasbro Inc. HAS, -0.55% and $80 price target. Mattel shares are up nearly 4% over the past year, Hasbro shares have lost almost 6%, and the S&P 500 index SPX, +0.18% has gained 3.5% for the period. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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HAS
News
- Hasbro Reports First Quarter 2024 Financial ResultsBusiness Wire
- Hasbro, Inc. (NASDAQ: HAS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Mattel Posts Narrower Loss, Thanks to Hot Wheels Growth and Lower Costs [BNN Bloomberg (Canada)]BNN Bloomberg
- Challenging Toy Industry to Ail Hasbro's (HAS) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Toy Gun Market To Reach USD 3.8 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
HAS
Earnings
- 4/24/24 - Beat
HAS
Sec Filings
- 4/24/24 - Form 8-K
- 4/17/24 - Form 8-K
- 4/3/24 - Form ARS
- HAS's page on the SEC website