MasterCraft Boat Holdings (MCFT) PT Lowered to $19 at B.Riley

B.Riley analyst Eric Wold lowered the price target on MasterCraft Boat Holdings (NASDAQ: MCFT) to $19.00 (from $22.00) while maintaining a Neutral rating.

The analyst commented: "Lowering estimates with weaker registration data and the potential for dealers to remain increasingly cautious in early FY25 given the risk of lingering inventory and a need for promotional activity in an uncertain macro environment. PT from $22 to $19."

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