UPDATE: Mattel Downgraded by Goldman Sachs, Cites Declining U.S. Retail Trends
January 07, 2014 at 15:41 PM EST
In a report published after the market close on January 6, 2014 Goldman Sachs downgraded Mattel, Inc. (NASDAQ: MAT ) from Neutral to Sell. The firm maintains a $40.00 price target on shares of Mattel. Goldman's Michael Kelter said, "Our checks suggest MAT's US retail trends have decelerated over the
