Hasbro: Still Not Positive On The Near-Term Outlook

Thursday, 14 March 2024, 07:45
Hasbro's Q4 2023 earnings report indicates a decline in revenue, trailing market expectations. Despite the sluggish performance, analysts suggest exercising caution and maintaining a Hold rating on HAS stock for now.
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Hasbro: Still Not Positive On The Near-Term Outlook

Hasbro's Q4 2023 Earnings Disappoint

Hasbro's recent earnings report for Q4 2023 revealed a decrease in revenue, falling short of market projections. This underperformance has prompted analysts to reassess the stock outlook.

Analysts Recommend a Hold Rating

Analysts advise caution in light of Hasbro's Q4 results, recommending investors to maintain a Hold rating on HAS stock. The cautious sentiment reflects uncertainties in the near-term outlook.

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