Acushnet (GOLF) Net Income Declines 23.6% Year-Over-Year

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Acushnet Holdings (GOLF) PT Lowered to $24 at Imperial Capital

November 2, 2018 7:59 AM EDT

Imperial Capital analyst, George Kelly, lowered the price target on Acushnet Holdings (NYSE: GOLF) to $24.00 (from $26.00) while maintaining a In-Line rating following the company's 3Q earnings report. Revenue and EBITDA of $370mn and $38.3mn compared to estimates of $357mn and $37.4mn, respectively. Golf balls and... More