A Closer Look at 5 Analyst Recommendations For Malibu Boats
Portfolio Pulse from Benzinga Insights
In the last three months, 5 analysts have published ratings on Malibu Boats (NASDAQ:MBUU), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 17.56% to $40.6. Recent analyst actions include lowering price targets and ratings, reflecting concerns over the company's financial performance.
May 22, 2024 | 2:00 pm
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NEGATIVE IMPACT
Malibu Boats (NASDAQ:MBUU) has received mixed analyst ratings over the past three months, with recent price targets averaging $40.6, down 17.56% from previous estimates. Analysts have lowered their ratings and price targets, reflecting concerns over the company's financial performance.
The decrease in average price targets and the lowering of ratings by multiple analysts indicate a negative sentiment towards Malibu Boats' short-term financial performance. This is likely to put downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100