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Shares of Mattel Inc. MAT, +3.32% jumped 3.2% in midday trading Thursday, after the toy maker was upgraded at MKM Partners, citing an “underappreciated” 2022 product lineup and capital structure optionality. Analyst Eric Handler raised his rating to buy, after being at neutral for at least the past three years, and raised his price target to $30 from $24.
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