Sunday, June 10, 2007

Good outlook for Pokémon Toys!

An article from newratings.com concerning the good outlook of Pokémon toys from JAKKS Pacific:

Analyst Jeffery Blaeser of Morgan Joseph maintains his "buy" rating on JAKKS Pacific Inc (JAKK.NAS). The target price is set to $29.

In a research note published this morning, the analyst mentions that the company holds exclusive US rights to action figures, play sets, accessories and other products at the Pokémon boutique, which will remain open until July 5. Contribution from JAKKS Pacific’s new Pokémon license is likely to be the highest among the company’s categories, if JAKKS toy sales are as robust as those of Pokémon Diamond and Pokémon Pearl, the analyst says.

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