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Mattel, Inc. (MAT) [hlAlert]

Rating:
Neutral MAT
down 28.57 %

Mattel, Inc. (MAT) downgraded to Neutral by JP Morgan

Posted on: Monday,  Dec 22, 2008  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Mattel, Inc. (NASDAQ: MAT) on 12/22/2008. Previously JP Morgan rated Buy Mattel, Inc. (NASDAQ: MAT) on 11/12/2007.,
when the stock price was $20.82. Since then, Mattel, Inc. has lost 28.58% as of 12/22/2008's recent price of $14.87.
If you would have followed the previous JP Morgan's recommendation on MAT, you would have lost 28.57% of your investment in 406 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2008 8:25 AM Hold
None
14.87
as of 12/24/2008
1 Week up  0.54 %
1 Month up  27.27 %
3 Months down  -0.63 %
1 YTD down  -24.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2007 9:25 AM Buy
None
20.82

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