Hasbro (HAS) NewsBite - HAS Near 52 Week High On Broker Upgrade

Posted: Monday, November 09, 2009 12:09 PM EDT

Hasbro (HAS) was upgraded today by analysts at Stifel Nicolaus and the stock is now at $28.84, up $0.93 (3.33%) on volume of 1,976,574 shares traded. Stifel Nicolaus upgraded the stock today to Buy from Hold. Over the last 52 weeks the stock has ranged from a low of $21.14 in March to a high of $29.91 in January. Hasbro stock has been showing support around $27.42 and resistance in the $28.24 range. Technical indicators for the stock are bullish and S&P gives HAS a positive 4 STARS (out of 5) buy ranking. We will just watch this one for now. There are no hedged trades we like the look of for HAS. [ABR-Seven Summits Strategic Investments NewsBite]

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