Benchmark Reiterates Buy Rating on Brunswick Corp (BC)
Benchmark analyst Michael Albanese reiterated a Buy rating and $90.00 price target on Brunswick Corp (NYSE: BC).
The analyst commented, "We hosted the CFO Ryan Gwillim and SVP & Deputy CFO Stephen Weiland for meetings this week. Overall, we found sentiment to be incrementally more positive. The tone suggests confidence in retail trends stabilizing, inventory in balance, and several levers—mix, margins, share gains, and easing comps—beginning to work together in a way that improves visibility into the next phase of the recovery. In essence, we think Management believes a trough is forming, and we like the setup from here. Below, we outline our key takeaways."
For an analyst ratings summary and ratings history on Brunswick Corp click here. For more ratings news on Brunswick Corp click here.
Shares of Brunswick Corp closed at $70.59 yesterday.
