Brunswick Corp (BC) PT Lowered to $64 at Jefferies
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Price: $81.30 +4.11%
Rating Summary:
15 Buy, 10 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 17 | Down: 29 | New: 13
Rating Summary:
15 Buy, 10 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 17 | Down: 29 | New: 13
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Jefferies analyst Anna Glaessgen lowered the price target on Brunswick Corp (NYSE: BC) to $64.00 (from $70.00) while maintaining a Hold rating.
The analyst comments "4Q mixed results depict a still-challenged demand environment for the US retail marine market. That said, BC managed to beat on sales and EPS expectations, though lower sales YoY pressured margins. F25 guidance came in below expectations and looks wide, pointing to continued margin pressure and uncertainty ahead. Reiterate Hold; PT to $64."
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