Truist Securities Maintains Buy on Brunswick, Lowers Price Target to $105- Report Released on 1 February 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz maintains a Buy rating on Brunswick (NYSE:BC) but lowers the price target from $115 to $105 as of 1 February 2024.

February 02, 2024 | 7:35 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Brunswick but lowers the price target from $115 to $105.
While the maintenance of a Buy rating by Truist Securities indicates continued confidence in Brunswick's fundamentals and growth prospects, the reduction in the price target could reflect adjustments in market conditions or expectations for the company's future performance. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100