UBS analyst Arpine Kocharyan lowered the firm’s price target on Mattel (MAT) to $28 from $30 and keeps a Buy rating on the shares. Estimates do not take into account what could be close to a 24c-27c of EPS tailwind from lower tariffs, which could potentially offset most of the 37c in opex investments Mattel is making for 2026, the analyst tells investors in a research note.
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