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Fly News Breaks for October 31, 2017
HZO
Oct 31, 2017 | 13:32 EDT
Craig-Hallum analyst Steven Dyer says that MarineMax topped Q4 estimates despite hurricane-related headwinds and softness in big boat categories. The analyst does not see a near-term catalyst for the shares citing low visibility and big boat softness expected to continue into 2018, but he views the stock's valuation as compelling at current levels. Dyer keeps a Buy rating on MarineMax with a $21 price target.