MAT - Mattel's Near Term Outlook Looks Attractive Amid Toy Industry Challenges: Analyst | Benzinga
D.A. Davidson analyst Linda Bolton Weiser reiterated a Buy rating on the shares of Mattel Inc (NASDAQ: MAT) with a price target of $25.
The toy industry is highly competitive with low barriers to entry. This makes it difficult for the company to achieve, maintain, or build upon its successful brands and products in addition to securing, maintaining, and renewing licenses for popular entertainment products, adds the analyst.
According to the analyst, Mattel's operating performance relies heavily on sales during ...