Why Jim Cramer Likes Mattel

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Mattel  (MAT) - Get Report is getting some attention from Jim Cramer and analysts on Wall Street.

Cramer said that he thinks that the stock is inexpensive.

Citi analyst Shawn Collins, meanwhile, upgraded Mattel shares before the company’s presentation, lifting his price target to $22.50 from $20.

“Retail toy demand remains robust into 2021, and we expect it will be further aided by Biden administration stimulus and a rebounding US economy,” he said.

So, what should investors do with Mattel right now?

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