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Fly News Breaks for February 18, 2020
HZO
Feb 18, 2020 | 07:43 EDT
Raymond James analyst Joseph Altobello upgraded MarineMax to Outperform from Market Perform with a $23 price target. Though much of the selling season remains ahead and month-to-month results could be choppy, Altobello says his improved outlook on the industry and the potential for further upward guidance revisions, along with an attractive valuation, leads to a more constructive view of the stock.