Mattel Announces Third Quarter 2015 Financial Results Conference Call

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Oppenheimer Cuts Price Target on Mattel (MAT) Following FX Pressure

September 28, 2015 9:32 AM EDT

Oppenheimer maintained an Outperform rating on Mattel Inc. (NASDAQ: MAT), and cut the price target to $27.00 (from $28.00), as currencies weaken significantly in recent months. These currencies include the Brazilian real, the Canadian dollar, the Russian ruble and the Mexican peso.

Analyst Sean McGowan... More