Amazon Inks Production Deal with Mattel, Inc. to Greenlight American Girl Specials for Prime Video

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Go back to Amazon Inks Production Deal with Mattel, Inc. to Greenlight American Girl Specials for Prime Video

Piper Jaffray Raises Price target on Mattel (MAT) After Disney Savings Help Drive 4Q EPS

February 2, 2016 7:35 AM EST

Piper Jaffray reiterated a Neutral rating on Mattel Inc. (NASDAQ: MAT), and raised the price target to $26.00 (from $22.00), following the company's 4Q earnings report. MAT reported adjusted Q4 EPS of $0.63 vs. the Street at $0.61. The upside came largely from a cut in trade spend for Disney Princesses as the company undersold... More