Truist Securities Maintains Buy on Topgolf Callaway Brands, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a 'Buy' rating on Topgolf Callaway Brands (NYSE:MODG), but lowered the price target from $25 to $18.
November 09, 2023 | 9:48 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on MODG but lowered the price target from $25 to $18.
The news is directly related to MODG as the company's price target has been lowered by Truist Securities. However, the 'Buy' rating has been maintained which indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100