Morgan Stanley Initiates Coverage On Mattel with Overweight Rating, Announces Price Target of $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Megan Alexander has initiated coverage on Mattel (NASDAQ:MAT) with an Overweight rating and a price target of $27.
September 27, 2023 | 9:23 am
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POSITIVE IMPACT
Morgan Stanley has initiated coverage on Mattel with an Overweight rating and a price target of $27, which could positively impact the stock.
The Overweight rating from Morgan Stanley indicates a positive outlook for Mattel. The price target of $27 suggests a potential upside from the current price. This could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100