Mattel price target raised to $24 from $22 at Citi

Citi raised the firm’s price target on Mattel (MAT) to $24 from $22 and keeps a Buy rating on the shares. The firm says leisure stocks have bounced back over the past month as the “worst-case tariff scenarios have been taken off the table.” However, this leaves certain pockets, like cruise and theme parks, that represent significant value and others like powersports that may not truly reflect the current risk landscape, the analyst tells investors in a research note.