Mattel’s Target, Estimates Boosted at Keybanc; Toy Business Trending Upward (MAT)

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Toymaker Mattel, Inc. ( MAT ) on Friday saw its price target and earnings estimates raised by analysts at Keybanc.

The firm said it boosted its estimates for MAT through 2012, noting its toy business continues to see positive sales trends.

Keybanc also maintained its "Buy" rating and set a new $35 price target on MAT, suggesting a healthy 25% upside to the stock's Thursday closing price of $28.


Mattel shares were unchanged in premarket trading Friday.

The Bottom Line
We have been recommending shares of Mattel ( MAT ) since Sept. 2, 2009, when the stock was trading at $17.61. Shares of Mattel ( MAT ) have a 3.29% dividend yield, based on last night's closing stock price of $28.

Mattel, Inc. ( MAT ) is a "Recommended" dividend stock, holding a Dividend.com DARS™ Rating of 3.6 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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