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Why Most Analysts Are Rating Mattel a ‘Hold’

Why Most Analysts Are Rating Mattel a ‘Hold’

As of July 17, Mattel (MAT) was rated a “hold” by 67% of the 15 analysts covering the stock. For Mattel, apart from rising costs and underperforming brands, there have been several problems. Mattel has also stopped paying dividends and is using the funds for investments.