Hasbro: High End Of FY24 Guidance Looks Achievable With Upside Risk
Hasbro(HAS) Seeking Alpha·2024-04-27 23:16
Thanasis Zovoilis/DigitalVision via Getty Images Investment summary My recommendation for Hasbro Inc. (NASDAQ:HAS) is a buy rating. I believe the toy industry downcycle is coming to an end soon, and with HAS seeing positive demand trends, I see a good chance for HAS to achieve the high end of its FY24 guidance (possibly even beating it). Business Overview HAS is a toy maker that sells to a global audience. The company has multiple famous brands under its belt, including Transformers, Power Rangers, Monopoly ...