Hasbro Stock Hits 2-Year High on Upgrade
Toy stock Hasbro Inc (NASDAQ:HAS) is trading at two-year highs today, last seen up 3.6% at $76.48, after an upgrade from Goldman Sachs to "buy" from "neutral." The firm also lifted its price target to $85 from $66, citing strength in the company's Wizards of the Coast unit (which includes Dungeons and Dragons and Magic: The Gathering), and a resilient core toy business. On the charts, HAS has been chopping higher since its April 9, 52-week low of $49.00, recently finding support at the 20-day moving average ...