03:45 PM EDT, 05/22/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our 12-month price target of $120, based on 20x our FY 26 EPS estimate and above the company's three-year average forward P/E multiple of 15.6x, reflecting our view the company will demand a higher multiple as margins expand and its Wizards/Digital Gaming segment becomes a larger portion of revenues. We maintain our FY 26 and FY 27 EPS estimates of $6.00 and $6.30, respectively. We upgrade shares after a 15% pullback from its 52-week high. HAS continues to expand margins well above peers and grow its top line thanks to its Wizards/Digital Gaming segment, which saw revenue grow 26% Y/Y to $582.0M with operating profit of $298M (+29% Y/Y) and a robust 51.2% operating margin. We expect investors to pay up for best-in-class fundamentals and one of the top performers in all of retail. HAS's Q1 2026 revenue increased 13% Y/Y to $1.0B, $34M above estimates. Adjusted operating profit increased to $287M (+29% Y/Y).