Skip to main content

Shares of toy maker Hasbro  (HAS) were up 2% to $103 in morning trading Wednesday after the company was initiated with a "buy" rating and $118 price target by analysts at DA Davidson. 

The price target represents a potential 16% upside from the stock's previous closing price of $100.98. 

Earlier this week the company announced plans to hold its first ever toy convention, highlighting the company's portfolio of products. Hasbro is currently ranked third among toy-makers in the U.S. 

Hasbro stock has been on fire in 2017, rising more than 30% year to date. 

Scroll to Continue

TheStreet Recommends

Over on Real Money Jim Cramer give advice to investors looking at how to play the Trump Trade. Get his insights or analysis with a free trial subscription to Real Money.