Brunswick upgraded to Buy from Hold at Texas Capital

Texas Capital upgraded Brunswick (BC) to Buy from Hold with a price target of $80, up from $55. The firm believes “record low” channel inventories for the company’s boat brands, potential demand pickup from interest rate cuts in the coming months, and tariff pressures on the company’s engine competitors position Brunswick for strengthening financial results in 2026 and 2027. The company’s strengthening financial trends should result in higher valuation multiples, the analyst tells investors in a research note.