MasterCraft (MCFT) Tops Q2 EPS by 5c

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MasterCraft Boat (MCFT) PT Lowered to $37 at Raymond James

February 8, 2019 7:36 AM EST

Raymond James analyst Joseph Altobello lowered the price target on MasterCraft Boat (NASDAQ: MCFT) to $37.00 (from $44.00) while maintaining a Strong Buy rating.

Altobello notes sales beat amid margin pressures. "That said, we believe these pressures are likely temporary as MCFT remains well... More