B of A Securities Downgrades Topgolf Callaway Brands to Neutral, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Topgolf Callaway Brands (NYSE:MODG) from Buy to Neutral and lowered the price target from $18 to $13.
August 08, 2024 | 10:31 am
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NEGATIVE IMPACT
B of A Securities has downgraded Topgolf Callaway Brands from Buy to Neutral and reduced the price target from $18 to $13.
The downgrade from Buy to Neutral and the significant reduction in the price target from $18 to $13 by B of A Securities is likely to negatively impact investor sentiment and the short-term stock price of Topgolf Callaway Brands.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100