Hasbro's short interest rose 7.2% to 8.8M shares in Apr, despite analyst upgrades and Q1 EPS beat.

Hasbro's short interest increased by 7.2% to 8.8M shares in April, despite analyst upgrades to target prices and 'buy' ratings. Analysts at Monness Crespi & Hardt increased their target price to $75 and gave a 'buy' rating, while JPMorgan raised their price objective to $54 with a 'neutral' rating. Hasbro beat Q1 EPS estimates by $0.34 at $0.61 and announced a $0.70 per share quarterly dividend, yielding 4.66%.

May 01, 2024
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