DA Davidson raised the firm’s price target on Mattel (MAT) to $30 from $27 and keeps a Buy rating on the shares. The company reported a Q4 earnings beat, with sales excluding FX up 3% and operating profit up 10%, the analyst tells investors in a research note. Mattel is executing well and plans $600M of share repurchase in 2025 on top of $400M in 2024, the firm added.
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