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What Wall Street Suggests for Mattel Stock

What Wall Street Suggests for Mattel Stock

Most analysts providing ratings on Mattel (MAT) prefer to maintain a neutral outlook on the stock’s prospects. Also, a demand shift toward video games and mobile devices has led to the emergence of new rivals for Mattel and Hasbro (HAS), which further poses challenges. In addition to its dwindling sales, Mattel’s profit margins remain at risk in the near term.