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Fly News Breaks for January 25, 2016
MAT
Jan 25, 2016 | 07:11 EDT
Goldman analyst Taposh Bari added Mattel to the Conviction Buy List saying he has increased confidence that earnings are at a positive inflection point following core brands, Barbie and Hot Wheels, having their best Holiday season in years expects declining resin prices and the devalued Chinese yuan to result in a positive margin benefit. The analyst raised his price target on Mattel to $36 from $35 on shares.
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