Mattel (MAT) Receives a Hold from Roth MKM
In a report released today, Eric Handler from Roth MKM maintained a Hold rating on Mattel, with a price target of $15.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Handler is a 5-star analyst with an average return of 12.9% and a 64.19% success rate. Handler covers the Communication Services sector, focusing on stocks such as Angel Studios Inc Class A, Cinemark Holdings, and IMAX.
In addition to Roth MKM, Mattel also received a Hold from Citi’s James Hardiman in a report issued on July 10. However, yesterday, UBS assigned a Buy rating to Mattel (NASDAQ: MAT).
Based on Mattel’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $862.17 million and a net profit of $61 million. In comparison, last year the company earned a revenue of $826.63 million and had a GAAP net loss of $40.32 million
Read More on MAT:
