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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