Barbie parent Mattel shares surge on strong profit forecast despite tariff worries

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Go back to Barbie parent Mattel shares surge on strong profit forecast despite tariff worries

Mattel Inc. (MAT) PT Raised to $30 at DA Davidson, 'executing well'

February 5, 2025 11:12 AM EST

DA Davidson analyst Linda Bolton Weiser raised the price target on Mattel Inc. (NASDAQ: MAT) to $30.00 (from $27.00) while maintaining a Buy rating.

The analyst comments "BUY-rated MAT reported a 4Q24 beat, with sales ex. FX +3% and operating profit +10%. MAT projects 2025 toy... More