Roth MKM Reiterates Buy on Topgolf Callaway Brands, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly has reiterated a Buy rating on Topgolf Callaway Brands (NYSE:MODG) but has lowered the price target from $20 to $17.
August 08, 2024 | 3:03 pm
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Roth MKM analyst George Kelly has reiterated a Buy rating on Topgolf Callaway Brands (NYSE:MODG) but has lowered the price target from $20 to $17.
The reiteration of a Buy rating is positive, but the lowered price target may temper investor enthusiasm. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100