Goldman Sachs Maintains Neutral on Topgolf Callaway Brands, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has maintained a Neutral rating on Topgolf Callaway Brands (NYSE:MODG) and lowered the price target from $29 to $20.
August 11, 2023 | 12:26 pm
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Goldman Sachs has lowered the price target for Topgolf Callaway Brands (NYSE:MODG) from $29 to $20, while maintaining a Neutral rating.
The lowering of the price target by Goldman Sachs indicates a potential decrease in the stock price of Topgolf Callaway Brands in the short term. The Neutral rating suggests that the stock is expected to perform in line with the market or sector average.
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IMPORTANCE 80
RELEVANCE 100