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Fly News Breaks for September 20, 2017
ELY
Sep 20, 2017 | 07:09 EDT
DA Davidson analyst Andrew Burns says that in a bull case scenario, Callaway's EPS "can nearly double" in three years," due to its acquisitions and market share gains. The analyst adds that the stock could be boosted by an IPO of Topgolf in which it has invested, and he calls Callaway "the hottest brand in golf." He reiterates a $16 price target and a Buy rating on the shares. .
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