Goldman Sachs Trims Hasbro Price Target to $115.00

Goldman Sachs Group reduced its price target for Hasbro (NASDAQ:HAS) to $115.00, from $117.00, in a recent report.

The brokerage maintains a 'buy' rating on the stock and suggests a potential upside of 32.28% from the previous close.

Hasbro's quarterly earnings beat analyst estimates, with the company reporting $1.28 earnings per share (EPS) for the quarter, topping consensus estimates of $1.16 by $0.12.

Twelve investment analysts have rated Hasbro with a 'buy' rating and four have given it a 'hold' rating, resulting in an average rating of 'moderate buy' and a consensus price target of $109.50.