Baird Maintains Outperform on Malibu Boats, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Craig Kennison has maintained an Outperform rating on Malibu Boats (NASDAQ:MBUU) and raised the price target from $40 to $50.
November 01, 2024 | 11:16 am
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Baird analyst Craig Kennison has maintained an Outperform rating on Malibu Boats and increased the price target from $40 to $50, indicating positive expectations for the stock.
The increase in price target from $40 to $50 by Baird suggests a positive outlook for Malibu Boats, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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