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Fly News Breaks for July 21, 2017
GOLF
Jul 21, 2017 | 06:14 EDT
Raymond James analyst Dan Wewer downgraded Acushnet Holdings to Market Perform based on increasing promotional pricing pressure for golf balls throughout the industry, combined with earlier than expected discounts for Titleist's 917 lines of drivers due to outsized market share gains for Callaway. The analyst lowered his 2917 earnings estimate to $1.11 from $1.20 and 2018 to $1.15 from $1.24.
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