Raymond James Maintains Outperform on Topgolf Callaway Brands, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Joseph Altobello maintains an Outperform rating on Topgolf Callaway Brands (NYSE:MODG) but lowers the price target from $17.5 to $14.
August 08, 2024 | 4:53 pm
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NEUTRAL IMPACT
Raymond James maintains an Outperform rating on Topgolf Callaway Brands but lowers the price target from $17.5 to $14.
The Outperform rating suggests continued confidence in the company's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100