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Jefferies Raises Price Target on Mattel (MAT) to $37; Reiterates Buy

April 6, 2016 7:28 AM EDT

Jefferies reiterated a Buy rating on Mattel Inc. (NASDAQ: MAT), and raised the price target to $37.00 (from $34.00), ahead of the company's 1Q earnings report. MAT is scheduled to report results on April 20th.

Analyst Trevor Young commented, "Since 4Q reporting... More