Mattel (MAT) Declares $0.38 Quarterly Dividend; 6% Yield

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Piper Jaffray Remains Neutral on Mattel (MAT) Following 2Q15 Results

July 17, 2015 7:02 AM EDT

Piper Jaffray maintained a Neutral rating and $26.00 price target on Mattel Inc. (NASDAQ: MAT) following 2Q15 results. Q2 EPS of $0.01 came in ahead of Street's estimate of ($0.04). Analyst Stephanie Wissink expects a heavily promotional 2H, and thinks shares will trade in mid-$20s range near-term.

Wissink... More