Brunswick price target raised to $70 from $63 at JPMorgan

JPMorgan raised the firm’s price target on Brunswick (BC) to $70 from $63 and keeps a Neutral rating on the shares after hosting investor meetings with management. The firm says Q3-to-date boat retail sales tracking flat year-over-year, holding July’s trend, led by significant improvement within the value category. This aligns with Brunswick’s expectation for retail boat units to finish fiscal 2025 at 23,500 units, the analyst tells investors in a research note.