Compass Point Maintains Buy on Topgolf Callaway Brands, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander maintains a 'Buy' rating on Topgolf Callaway Brands (NYSE:MODG) but has lowered the price target from $34 to $31.
August 21, 2023 | 2:33 pm
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Compass Point analyst has maintained a 'Buy' rating on Topgolf Callaway Brands but lowered the price target from $34 to $31.
The news is directly related to Topgolf Callaway Brands (MODG). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term stock price. However, the impact may be neutral as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100