Roth Capital analyst Eric Handler lowered the firm’s price target on Mattel (MAT) to $16 from $22 and keeps a Neutral rating on the shares after its Q4 earnings miss. Hopes for a strong year are dashed as organic, constant currency net sales for 2026 now appear on track for sub-2% growth and once again flattish versus 2021-2022, the analyst tells investors in a research note.
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: