Jefferies Maintains Hold on Mattel, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Uerkwitz maintains a Hold rating on Mattel (NASDAQ:MAT) and raises the price target from $18.25 to $20.
October 01, 2024 | 5:52 pm
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Jefferies analyst Andrew Uerkwitz has maintained a Hold rating on Mattel and increased the price target from $18.25 to $20, indicating a positive outlook.
The increase in the price target from $18.25 to $20 suggests a positive outlook for Mattel, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100