Information Provided By:
Fly News Breaks for September 4, 2019
BC
Sep 4, 2019 | 07:37 EDT
Jefferies analyst Randal Konik upgraded Brunswick to Buy from Hold and raised his price target for the shares to $60 from $52. With expectations recalibrated post the Q2 results, Brunswick's risk/reward set-up is at its most favorable in four years, Konik tells investors in a research note. He believes the "lowered bar" presents opportunity for earnings upside and greater consistency in results. Further, the "newly streamlined marine pure-play should unlock multiple expansion," says Konik. He views current share levels as a "very attractive entry point for this best-in-class operator."
News For BC From the Last 2 Days
There are no results for your query BC