Mattel (MAT) Tops Q1 EPS by 7c, Revenue Misses, Offers Guidance

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Mattel Inc. (MAT) PT Raised to $26 at BofA Securities

April 24, 2024 9:12 AM EDT

BofA Securities analyst Jason Haas raised the price target on Mattel Inc. (NASDAQ: MAT) to $26.00 (from $25.00) while maintaining a Buy rating.

The analyst comments "Mattel (MAT) reported 1Q adj. EPS of -$0.05 (vs. our -$0.12) given significant gross margin upside (+48.3% vs. our +44.0%) on... More

Mattel Inc. (MAT) PT Raised to $27 at DA Davidson

April 24, 2024 5:13 AM EDT

DA Davidson analyst Linda Bolton Weiser raised the price target on Mattel Inc. (NASDAQ: MAT) to $27.00 (from $26.00) while maintaining a Buy rating.

The analyst comments "BUY-rated MAT reported a 1Q24 sales miss due to retailer inventory reductions, mostly in EMEA, but profit beat consensus due to... More