Keybanc Downgrades Topgolf Callaway Brands to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Noah Zatzkin has downgraded Topgolf Callaway Brands (NYSE:MODG) from Overweight to Sector Weight.
August 08, 2024 | 5:21 pm
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Keybanc analyst Noah Zatzkin downgraded Topgolf Callaway Brands from Overweight to Sector Weight, indicating a less bullish outlook on the stock.
The downgrade from Overweight to Sector Weight by a reputable analyst suggests a less optimistic view on the stock's performance, which could lead to a short-term decline in the stock price as investors react to the news.
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