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Fly News Breaks for February 7, 2020
Feb 7, 2020 | 08:28 EDT
BMO Capital analyst Gerrick Johnson raised his price target on Malibu Boats to $60 and kept his Outperform rating after its Q2 earnings beat. The analyst cites "robust retail performance" driving the accelerated clearing of excess channel inventory while also noting "healthy" consumer trends and incremental production capacity generating the company's continued momentum.
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