Callaway Golf (ELY) Tops Q3 EPS by 6c; Raises Outlook

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Callaway Golf (ELY) PT, Estimates Raised at Jefferies Following Another Solid Qtr

November 4, 2016 8:39 AM EDT

Jefferies analyst Randal Konik raised estimates and his price target on Callaway Golf (NYSE: ELY) to $16.00 (from $14.00) following another solid quarter. The firm maintained a Buy rating.

Konik commented, "ELY's 3Q reaffirms our thesis that the company continues to gain share despite a mixed... More

FBR Capital Reiterates Outperform on Callaway Golf (ELY) Following 3Q Beat

November 4, 2016 7:45 AM EDT

FBR Capital reiterated an Outperform rating and $12.00 price target on Callaway Golf (NYSE: ELY) following the company's 3Q earnings report. ELY reported a 3Q16 EPS beat of ($0.06) versus consensus of ($0.12). The results reflect revenue growth of +6.9% versus consensus of +0.1%. The revenue beat was driven by the Japan apparel joint venture, golf balls (+11.6% versus consensus of... More

Compass Point Upgrades Callaway Golf (ELY) to Buy

November 4, 2016 7:41 AM EDT

Compass Point upgraded Callaway Golf (NYSE: ELY) from Neutral to Buy with a price target of $11.50.

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

Shares of Callaway Golf closed at $9.87 yesterday.

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