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Why Hasbro Moved Up Another 5% Today

TheMotleyFool

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Shares of toymaker Hasbro (NASDAQ: HAS) moved up nearly 5% today, continuing recent gains that have boosted the stock more than 10% in the past week.

Stifel analyst Drew Crum upgraded Hasbro today from a hold to a buy rating and boosted its price target from $73 to $100 per share. The new target price represents 23% upside from yesterday's closing price. The move follows another analyst upgrade from last week. BMO Capital moved the company to outperform with a price target of $90 on Sept. 23.

Image source: Getty Images.

Source Fool.com

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