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Piper Jaffray sees upside for Hasbro

Jan. 06, 2016 9:30 AM ETHasbro, Inc. (HAS) StockHASBy: Clark Schultz, SA News Editor
  • Piper Jaffray sees upside for Hasbro (NASDAQ:HAS) with Star Wars revenue expected to track higher than expectations and the launch of a new Disney Princess product seen as a catalyst.
  • Estimates on annual Star Wars revenue of around $750M appear to be on the conservative side based on retail channel checks.
  • Shares of Hasbro are rated at Overweight by Piper and assigned at price target of $83. HAS closed at $68.18 yesterday.

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