- Goldman Sachs analyst Michael Ng upgraded Mattel Inc (NASDAQ:MAT) to Buy from Neutral with a price target of $31, up from $30, implying a 36.2% upside.
- The analyst said Mattel stood out against the macroeconomic volatility by good demand for its television and film content releases.
- Mattel’s fixed cost leverage, price hikes, and peaking cost inflation should be positive for its margin in the coming two years.
- Price Action: MAT shares are trading higher by 3.16% at $23.48 in premarket on the last check Monday.
Trump-Era White House Official Slams Elizabeth Warren Over Her Crypto Stance: ‘Find Her To Be Absolutely Repulsive’
Anthony Scaramucci, former White House Communication Director and the founder of Skybridge Capital, has made strong remarks about Sen. Elizabeth Warren’s (D-Mass.) stance on cryptocurrency.
