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Why Mattel Stock Was Moving Higher Today

TheMotleyFool 
0 0 27.09.23
Why Mattel Stock Was Moving Higher TodayPhoto, wide shot, wide-angle lens, Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png
 

Shares of Mattel (NASDAQ: MAT) were getting a boost today after the toy maker got a bullish analyst note from Morgan Stanley this morning.

As a result, Mattel stock was up 4.5% as of 10:51 a.m. ET.

Morgan Stanley initiated coverage on Mattel with an overweight rating, calling the stock a top pick. The analyst expects Wall Street estimates to move higher as the company's turnaround gains traction, and said the company should take share in the $300 billion U.S. retail licensing market, coming off the smash hit Barbie movie. The firm gave Mattel a $27 price target, implying a 27% upside from its closing price last night. 

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Source Fool.com

Mattel Inc. Stock

€12.79
0.700%
The Mattel Inc. stock is trending slightly upwards today, with an increase of €0.088 (0.700%) compared to yesterday's price.
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Mattel Inc..
With a target price of 16 € there is a positive potential of 25.12% for Mattel Inc. compared to the current price of 12.79 €.
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