1217 ET - Hasbro's 2Q results more than delivered the bull case, J.P. Morgan analysts say in a research note. That's partly because the maker of Nerf blasters and Play-Doh posted better-than-expected sales and raised its outlook for the remainder of the year, they write. Hasbro also issued positive comments regarding its set-up for 2026, citing a strong entertainment slate as new "Star Wars," "Spider-Man" and "Avengers" movies are set to hit theaters, as well as new products across popular brands such as Beyblade and Peppa Pig. JPM raises its price target by 25% to $94. (connor.hart@wsj.com)
(END) Dow Jones Newswires
July 24, 2025 12:17 ET (16:17 GMT)
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