Mattel price target raised to $22 from $20 at Roth Capital

Roth Capital analyst Eric Handler raised the firm’s price target on Mattel (MAT) to $22 from $20 and keeps a Neutral rating on the shares. The company’s Q4 growth should be seen in 2026, but there remain some notable headwinds, the analyst tells investors in a research note. Roth adds however that Mattel is positioned for accelerating growth in 2026 fueled by multiple Entertainment driven events and ongoing cost savings initiative.