Brunswick price target raised to $75 from $65 at BMO Capital

BMO Capital analyst Tristan Thomas-Martin raised the firm’s price target on Brunswick (BC) to $75 from $65 and keeps an Outperform rating on the shares. The company’s Q3 results were ahead of expectations, particularly internal boat retail demand, but incremental tariff headwinds and its boat facility rationalization led to a reiteration of 2025 guidance, the analyst tells investors in a research note. While an expectation for flat to slightly up industry retail demand next year is more aggressive than most expected coming into the print, Brunswick has numerous other potential, the firm added.