Citigroup Maintains Buy on Brunswick, Lowers Price Target to $100
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst James Hardiman maintains a Buy rating on Brunswick (NYSE:BC) but lowers the price target from $106 to $100.
June 26, 2023 | 2:05 pm
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Citigroup maintains Buy rating on Brunswick (NYSE:BC) but lowers the price target from $106 to $100.
Citigroup's lowered price target on Brunswick may cause some short-term uncertainty among investors, but the maintained Buy rating suggests that the stock is still expected to perform well in the long run. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100