JP Morgan Maintains Overweight on Topgolf Callaway Brands, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Topgolf Callaway Brands (NYSE:MODG) but lowers the price target from $28 to $23.

September 13, 2023 | 1:32 pm
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JP Morgan maintains an Overweight rating on Topgolf Callaway Brands but lowers the price target from $28 to $23.
The news is directly related to Topgolf Callaway Brands. While the Overweight rating is maintained, the lowering of the price target could indicate a potential downside risk, which might affect investor sentiment and the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100