Mattel (MAT) Declares $0.38 Quarterly Dividend; 4.6% Yield

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Piper Jaffray Raises Price Target on Mattel (MAT) Following a Mixed 1Q

April 21, 2016 8:01 AM EDT

Piper Jaffray reiterated a Neutral rating on Mattel Inc. (NASDAQ: MAT), and raised the price target to $28.00 (from $26.00), following the company's mixed 1Q report. Management signaled that Q2 sales will be relatively similar to the Q1 change. This is despite a reduced comparison from Disney Princess.

Analyst Stephanie Wissink... More