UBS Maintains a 'Buy' on Mattel Inc. (MAT); Portfolio Firing on All Cylinders Sets Stage for Strong '12

UBS maintains a 'Buy' on Mattel Inc. (NASDAQ: MAT) price target raised from $33 to $36.

UBS analyst says, "After exceeding initial Street estimates by ~10% for each of the last two yrs, we believe MAT is once again set up for a year of earnings outperformance. While 2010/2011 was marked by above trend rev growth fueled by entertainment and licensed properties, we see 2012 as marked by continued strength in core brands driving profitability improvements and EPS growth of ~15% YOY."

For an analyst ratings summary and ratings history on Mattel Inc. click here. For more ratings news on Mattel Inc. click here.

Shares of Mattel Inc. closed at $32.17 yesterday, with a 52 week range of $22.70-$32.23.

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