Hasbro Consensus Estimates Appear Conservative, Does Not Reflect Success Of Digital Gaming Strategy, Says Bullish Analyst

Hasbro Inc HAS shares were climbing Friday morning, with more analysts turning bullish on the stock. Loading... The current consensus does not fully reflect the success of the company's digital gaming strategy with Monopoly Go!, according to BofA Securities. The Hasbro Thesis: The company's Monopoly Go! game is likely to move away from minimum royalty guarantees in the second quarter and generate around $36 million in operating profits per quarter in the back half of the year, Perry said in the upgrade note ...