Analyst Expectations For Topgolf Callaway Brands's Future
Portfolio Pulse from Benzinga Insights
Topgolf Callaway Brands (NYSE:MODG) has been analyzed by 11 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has dropped by 24.93% to $13.55. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance.
September 17, 2024 | 1:00 pm
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NEGATIVE IMPACT
Topgolf Callaway Brands has experienced a significant drop in its average 12-month price target, now at $13.55, down 24.93% from the previous $18.05. Analysts have shown mixed ratings, with recent adjustments reflecting a cautious outlook.
The significant drop in the average price target and the mixed analyst ratings suggest a cautious outlook for Topgolf Callaway Brands. The adjustments in ratings and price targets indicate concerns about the company's future performance, likely leading to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100