Callaway Golf Company Announces Third Quarter 2015 Financial Results; Profitability And Market Share Exceed Company's Expectations; And The Company Increases Full Year Earnings Guidance

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Jefferies Reiterates Buy Following Callaway Golf (ELY) 3Q Results

October 22, 2015 7:24 AM EDT

Jefferies reiterated a Buy rating and $16.00 price target on Callaway Golf (NYSE: ELY) following the company's 3Q15 earnings results. Better than anticipated top-line was a result of an improving golf environment combined with a strong product assortment, which drove significant share gains in... More