Compass Point Maintains Buy on Topgolf Callaway Brands, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander maintains a Buy rating on Topgolf Callaway Brands (NYSE:MODG) but lowers the price target from $37 to $34.
May 18, 2023 | 11:55 am
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Compass Point analyst Casey Alexander maintains a Buy rating on Topgolf Callaway Brands (NYSE:MODG) but lowers the price target from $37 to $34.
The news of Compass Point maintaining a Buy rating on Topgolf Callaway Brands (NYSE:MODG) is positive for the stock. However, the lowering of the price target from $37 to $34 may create some uncertainty among investors. The overall impact on the stock price in the short term is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100