B of A Securities Maintains Neutral on Topgolf Callaway Brands, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Topgolf Callaway Brands (NYSE:MODG) but has lowered the price target from $14 to $12.
September 12, 2024 | 5:48 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Topgolf Callaway Brands but lowered the price target from $14 to $12, indicating a less optimistic outlook.
The lowering of the price target from $14 to $12 by B of A Securities suggests a less optimistic view on the stock's potential, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100