Mattel Reports Second Quarter 2017 Financial Results
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Mattel Inc. (MAT) PT Lowered to $17 at Jefferies Following 2Q Miss
July 28, 2017 9:18 AM EDTJefferies lowered its price target on Mattel Inc. (NASDAQ: MAT) to $17.00 (from $19.00) while maintaining a Hold rating. Mattel's 2Q17 sales of $975M came in slightly below expectations with core sales down ex-Cars. EPS of ($0.14) was below consensus at ($0.09).
Jefferies revised the model... More
