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Fly News Breaks for May 13, 2016
ELY
May 13, 2016 | 08:06 EDT
As noted earlier, SunTrust upgraded Callaway Golf to Buy from Neutral. The firm thinks that the company's organic growth and margins can beat Steeet estimates over the next 12-18 months. Additionally, the firm believes that the valuation of Callaway's Top Golf could eventually jump more than 50%. Target $13.
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