Truist Securities Maintains Buy on Malibu Boats, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has reaffirmed a Buy rating on Malibu Boats (NASDAQ:MBUU) and increased the price target from $55 to $62.
January 09, 2024 | 7:05 pm
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Truist Securities analyst Michael Swartz maintains a Buy rating on Malibu Boats and raises the price target from $55 to $62, indicating a positive outlook on the stock.
The increase in the price target by Truist Securities suggests a bullish outlook on Malibu Boats, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100