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Fly News Breaks for November 25, 2019
Nov 25, 2019 | 07:45 EDT
SunTrust analyst Michael Swartz raised his price target on Brunswick to $70 and kept his Buy rating, saying he is "more positive" on the stock after its investor meetings last week. The analyst believes that the company's mid-single-digit organic growth rate is likely to be sustained for some time thanks to its core O/B engine business and also sees its FY20 guidance as "increasingly achievable" with higher "recurring" earnings element that investors are yet to fully appreciate.