UPDATE: BMO Capital Markets Upgrades JAKKS Pacific on Mixed Factors

In a report published Wednesday, BMO Capital Markets analyst Gerrick L. Johnson upgraded JAKKS Pacific (NASDAQ: JAKK ) from Underperform to Market Perform, but lowered the price target from $7.00 to $6.00. In the report, BMO Capital Markets noted, “We believe the current share price is already factoring in further deterioration