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Mattel, Inc. (MAT) [hlAlert]

Rating:
Hold MAT
down 18.35 %

Mattel, Inc. (MAT) downgraded to Hold by Argus

Posted on: Friday,  Feb 14, 2014  8:25 AM ET by Argus

Argus rated Hold Mattel, Inc. (NASDAQ: MAT) on 02/14/2014. Previously Argus rated Buy Mattel, Inc. (NASDAQ: MAT) on 06/14/2013., when
the stock price was $44.89. Since then, Mattel, Inc. has lost 18.36% as of 02/14/2014's recent price of $36.65.
If you would have followed the previous Argus's recommendation on MAT, you would have lost 18.35% of your investment in 245 days.

Mattel, Inc. designs, manufactures, and markets a broad variety of family products on a worldwide basis through both sales to retailers anddirect to consumers. Mattel's business is dependent in great part on itsability each year to redesign, restyle and extend existing core products and product lines, to design and develop innovative new products and product lines, and successfully market those products and product lines.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2014 8:25 AM Hold
None
36.65
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -22.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/14/2013 9:25 AM Buy
None
44.89 51.00

(*) Stock Price at the time of the recommendation.
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