TMCnet News
Hasbro Signs Multi-Year Deal With Netflix (NFLX,HAS)Apr 05, 2012 (SmarTrend(R) News Watch via COMTEX) -- 4/5/12-Hasbro (NYSE:HAS) signed a multi-year deal with Netflix (NASDAQ:NFLX) to offer child-friendly content to the firm's subscription service. The deal will make available ten highly popular franchises, including new and catalog seasons of famed Hasbro content. Hasbro, Inc. designs, manufactures, and markets toys, games, interactive software, puzzles, and infant products in the United States and internationally. The Company's products include a variety of games, including traditional board, card, hand-held electronic, trading card, role-playing and DVD games, as well as electronic learning aids and puzzles as well as dolls and action figures. SmarTrend currently has Hasbro in an Uptrend and is currently monitoring these developments and will alert subscribers to any change of trend. Hasbro (NYSE:HAS) has potential upside of 3.6% based on a current price of $36.97 and an average consensus analyst price target of $38.3. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |