Morgan Stanley raised the firm’s price target on Acushnet Holdings (GOLF) to $95 from $90 and keeps an Equal Weight rating on the shares following the PGA show in Orlando, Florida. Golf interest and participation is “vibrant,” setting the stage for solid 2026 industry growth, says the analyst, who prefers Callaway Golf (CALY) over Acushnet on catalysts and valuation, but is raising targets on both.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOLF:
- Acushnet downgraded to Sector Weight from Overweight at KeyBanc
- Acushnet Holdings price target raised to $90 from $80 at Morgan Stanley
- Acushnet Forms Vietnam Footwear Joint Venture with Myre
- Acushnet Holdings price target raised to $74 from $67 at JPMorgan
- Acushnet Holdings exec sells $1.7M in common stock
