Canaccord Genuity Reiterates Buy Rating on Holley (HLLY)

Canaccord Genuity analyst Brian McNamara reiterated a Buy rating and $7.00 price target on Holley (NYSE: HLLY).

The analyst commented: "The Performance Racing Industry (PRI) Show occurred earlier this month, and given the Show's primary focus is racing and safety, Holley's safety segment was the company's main focus for new products. This year, HLLY introduced a new helmet lineup compliant with the 2025 Snell standards across its RaceQuip, Simpson, and Stilo brands. Other new products include FIA-compliant sublimation Simpson racing suits, Simpson club racing seats, and additional racing suits and helmets for the karting segment. HLLY has also become the exclusive distributor of FluidLogic hydration systems for motorsport vehicles. In all, we believe PRI was a home run for HLLY, with the team energized by the outstanding customer traffic and excitement throughout the show. We reiterate our BUY rating and $7 price target."

For an analyst ratings summary and ratings history on Holley click here. For more ratings news on Holley click here.

Shares of Holley closed at $4.13 yesterday.

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