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BMO Downgrades Jakks Pacific On Valuation, Bad Risk/Reward

2015-07-07 16:36:50| Toys - Topix.net

In a report published Tuesday, BMO Capital Markets analyst Gerrick L. Johnson downgraded the rating on JAKKS Pacific, Inc. from Outperform to Market Perform, while maintaining a price target of $10. Jakks Pacific's shares have surged 48 percent year-to-date and fully reflect the company's product innovations and improved operational performance.

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