JPMorgan lowered the firm’s price target on Mattel (MAT) to $13 from $14 and keeps an Underweight rating on the shares. The firm updated the company’s model post the Q1 report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAT:
- Mattel price target lowered to $18 from $19 at Wells Fargo
- Buy Rating Reiterated as Margin Recovery Expected; $28 Price Target Maintained
- Mattel Maintained at Buy as Analyst Trims Price Target to $22 but Sees Upside on Reaccelerating Growth
- Mattel: Hold Rating Reiterated as Margin and Demand Risks Offset Stronger Sales; $16 Price Target Maintained
- Closing Bell Movers: Meta falls 6%, Alphabet jumps 6% after earnings