Truist Securities Maintains Buy on Topgolf Callaway Brands, Lowers Price Target to $25
Portfolio Pulse from jenniferd'souza@benzinga.com
Truist Securities analyst Michael Swartz has maintained a 'Buy' rating on Topgolf Callaway Brands (NYSE:MODG), but lowered the price target from $30 to $25.
August 09, 2023 | 2:56 pm
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Truist Securities has maintained a 'Buy' rating on MODG but lowered the price target from $30 to $25.
The news is directly related to MODG as the analyst from Truist Securities has maintained a 'Buy' rating but lowered the price target. This could indicate a potential downside risk in the short term, but the 'Buy' rating suggests the analyst still sees long-term potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100