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Mattel (NYSE: MAT) received a number of ratings updates from brokerages and research firms in the last week:

  • Mattel had its “sell” rating reaffirmed by analysts at Goldman Sachs Group Inc..
  • Mattel was downgraded by analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating.
  • Mattel had its price target lowered by analysts at Needham & Company from $50.00 to $45.00.
  • Mattel was downgraded by analysts at Longbow Research from a “buy” rating to a “neutral” rating. They now have a $48.00 price target on the stock.
  • Mattel was downgraded by analysts at SunTrust from a “buy” rating to a “neutral” rating. They now have a $40.00 price target on the stock, down previously from $50.00.
  • Mattel was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $41.00 price target on the stock, down previously from $55.00.

Shares of Mattel Inc. (NYSE:MAT) opened at 36.05 on Tuesday. Mattel Inc. has a 52-week low of $37.19 and a 52-week high of $48.48. The stock’s 50-day moving average is $44.81 and its 200-day moving average is $43.57. The company has a market cap of $12.235 billion and a P/E ratio of 14.67.

Mattel, Inc. (NYSE:MAT) designs, manufactures and markets a variety of toy products worldwide which are sold to its customers and directly to consumers.

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