Hasbro 'continues to destroy customer goodwill' and the stock could crash 29% as it dilutes the value of Magic: The Gathering, Bank of America says

• Hasbro stock has 29% downside potential as it continues to dilute the brand value of Magic: The Gathering.
• That's according to Bank of America, who reiterated its "Underperform" rating on the stock in a Tuesday note.
• "Within its Wizards segment, Hasbro continues to destroy customer goodwill by trying to over-monetize its brands."

Hasbro continues to dilute the brand value of its popular Magic: The Gathering card game, according to a Tuesday note from Bank of America, which said that the company faces a steep decline in its share price if it continues to "destroy customer goodwill."