Mattel Beats Profit Expectations but Cuts Forecast for 2022
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Mattel Inc. (MAT) PT Lowered to $30 at BMO Capital
October 26, 2022 5:29 PM EDTBMO Capital analyst Gerrick Johnson lowered the price target on Mattel Inc. (NASDAQ: MAT) to $30.00 (from $32.00) while maintaining a Outperform rating.
The analyst commented, "MAT's 3Q22 EPS results exceeded estimates but were overshadowed by a reduction in 2022 guidance owing to FX and a... More
