DA Davidson analyst Andrew Burns raised his price target on Acushnet Holdings to $24, saying the company's Q4 growth demonstrates that its brand portfolio is healthy while the industry is "on solid footing". Burns writes that Acushnet is entering the year "with a clear path to growth" based on a compelling product lineup that will make the anniversary of last year's Pro V1 refresh easier to cycle. The analyst keeps his Neutral rating on Acushnet Holdings, adding that the initial feedback for the company's 718 irons is positive as he looks to get more positive on the stock.