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Mattel, Inc. (MAT) [hlAlert]

Rating:
Hold MAT

Mattel, Inc. (MAT) rated Hold with price target $12 by Wedbush Morgan

Posted on: Friday,  Mar 20, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Hold Mattel, Inc. (NASDAQ: MAT) on 03/20/2009. Previously Wedbush Morgan rated Buy Mattel, Inc. (NASDAQ: MAT) on 04/22/2008.,
when the stock price was $19.41. Since then, Mattel, Inc. has lost 27.98% as of 10/21/2008's recent price of $13.98.
If you would have followed the previous Wedbush Morgan's recommendation on MAT, you would have lost 27.97% of your investment in 182 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2009 9:25 AM Hold
None
11.01 12.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/2/2009 2:25 PM Hold
None
11.90 13.00
10/21/2008 9:25 AM Hold
None
13.98 15.00
4/22/2008 10:25 AM Buy
None
19.41 22.00
2/1/2008 10:25 AM Buy
None
21.32 24.00
1/14/2008 10:50 AM Buy
None
17.11 20.00
11/1/2007 1:25 PM Buy
None
20.54 25.00

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