Roth/MKM Reaffirms Mattel (MAT) Price Target, Citing Retail Shelf Delays
Mattel Inc. (NASDAQ:MAT) ranks among the top NASDAQ stocks with low P/E ratios. On September 18, Roth/MKM reaffirmed its $22 price target and Neutral rating on Mattel Inc. (NASDAQ:MAT), pointing to retail timing concerns that are pushing order deliveries into 2025’s fourth quarter. The company observed that third-quarter predictions were lowered and fourth-quarter projections were raised due to U.S. merchants pushing out shelf changes later than usual. Despite these changes in timing, the full-year proje ...