DA Davidson assumed coverage of Mattel (MAT) with a Buy rating and unchanged price target of $30. After a Q1 beat, the firm is updating estimates and forecasts 2025 sales and EPS of $5.52B and $1.68, respectively.
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Read More on MAT:
- Mattel’s Strong Market Position and Reduced Tariff Burden Make It a Compelling Buy
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- Mattel names Paul Ruh as new CFO
- Mattel put volume heavy and directionally bearish
- Trump says will put 100% tariff on toys if Mattel goes outside U.S.
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