IFS Securities analyst Ronald Bookbinder initiated MarineMax with a Strong Buy rating and $20 price target.

Analyst Rolle holds a conference call with CEO McGill and CFO McLamb on May 1 at 10 am hosted by DA Davidson.

B. Riley lowered the firm's price target on MarineMax to $38 from $40 and keeps a Buy rating on the shares. The company reported fiscal Q2 results that came in below expectations on a weaker than expected recovery in boat demand and continued pressure on margins due to elevated promotional activity, the analyst tells investors in a research note. The firm, however, is "somewhat optimistic" that any potential impact on MarineMax would be modest given both the penetration of higher-selling boats and the benefit of the ancillary business acquired in recent years.

MarineMax is down -16.5%, or -$4.48 to $22.70.

MarineMax is down -11.3%, or -$3.06 to $24.12.