TOPGOLF CALLAWAY BRANDS ANNOUNCES THIRD QUARTER 2024 RESULTS

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CFRA Reiterates Buy Rating on Topgolf Callaway Brands (MODG)

November 13, 2024 10:02 AM EST

CFRA analyst Zachary Warring reiterated a Buy rating and $18.00 price target on Topgolf Callaway Brands (NYSE: MODG).

The analyst comments "We maintain our 12-month price target of $18, based on 11.5x our 2025 EBITDA estimate and slightly lower than the company's 3-year average forward... More