Can Paw Patrol Save Spin Master? At Least One Analyst Thinks So
- Stock weakness is a buying opportunity, Raymond James says
- Toys ‘R’ Us shutdown only seen as ‘modestly disruptive’
The Paw Patrol Air Patroller toy.
Photographer: Jonathan Brady/AP/PA WireThis article is for subscribers only.
Investors toying with the idea of dumping Spin Master Corp. stock on some bad news about one of its biggest customers may want to think again.
Shares of the Canadian toymaker are under pressure after Toys ‘R’ Us was said to liquidate its bankrupt U.S. operations, sending other toy stocks like Mattel Inc. and Hasbro Inc. reeling.