Needham Downgrades Mattel To Hold, Shares Fall

Analysts at Needham downgraded Mattel

from Buy to Hold and removed the target price of $41. Mattel shares have dropped 16.40% over the past 52 weeks, while the S&P 500 index has gained 15.91% in the same period. Mattel's shares fell 1.26% to $36.00 in pre-market trading.