Stifel upgrades Mattel to buy on view that company is near history's 'peak results'

Published Thu, Feb 24 20226:14 AM EST

Jesse Pound @/in/jesse-pound @jesserpound

Mattel Inc. Barbie brand dolls are displayed for sale at a Walmart Inc. store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019. A PWC survey shows that 36% of consumers surveyed plan to shop on Black Friday. Deals will ultimately dictate where spending and visits go.

Bloomberg | Bloomberg | Getty Images

Toymaker Mattel should see its shares make a big jump as the company gets back to some of its best results in history, according to investment firm Stifel.