Callaway Golf (ELY) Tops Q1 EPS by 21c

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Callaway Golf (ELY) PT Lowered to $55 at Jefferies

May 11, 2022 8:21 AM EDT

Jefferies analyst Randal Konik lowered the price target on Callaway Golf (NYSE: ELY) to $55.00 (from $60.00) while maintaining a Buy rating.

The analyst commented, "1Q ahead of original targets (as expected with analyst day preannouncement), 2Q guidance ahead of ests, and 2022 outlook raised above the... More