As previously reported earlier this morning, Compass Point upgraded Acushnet Holdings (GOLF) to Buy from Neutral with a price target of $80, up from $77. Acushnet may not see “meaningful growth” in 2025, but the company’s continued stock repurchases and continued dividend growth have a “compounding effect” for shareholders, argued the analyst, who sees a “much more attractive entry point” following the recent stock pullback.
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