Mattel (MAT) IV increases into Q3 and outlook
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Mattel Inc. (MAT) PT Lowered to $14 at Stifel Following 3Q Report
October 30, 2017 7:19 AM EDTStifel lowered its price target on Mattel Inc. (NASDAQ: MAT) to $14.00 (from $17.00) while maintaining a Hold rating following the company's 3Q earnings report. MAT reported adjusted EPS of $0.09 vs. consensus at $0.61, while revenue fell -13% to $1.561 billion, and gross margin plummeted -700 bps to... More
Mattel Inc. (MAT) PT Lowered to $12.50 at Jefferies Following 3Q Miss
October 27, 2017 7:47 AM EDTJefferies lowered its price target on Mattel Inc. (NASDAQ: MAT) to $12.50 (from $14.00) while maintaining a Hold rating following the 3Q. MAT reported sales of $1.56B vs. $1.82B consensus. EPS of $0.09 missed $0.58 consensus.
Management laid out ambitious plans to cut $650M of costs, reinvest... More
