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Why the Majority of Wall Street Analysts Rate Hasbro a ‘Buy’

Why the Majority of Wall Street Analysts Rate Hasbro a ‘Buy’

As of July 16, Hasbro (HAS) was rated a “buy” by 60% of the 15 analysts covering the stock. The shift to digital technology has hurt the demand for traditional toys along with expanding e-commerce. To retain its market share, Hasbro has focused on product innovation, developing a digital sales channel.