Holley price target raised to $3 from $2.25 at Raymond James

Raymond James raised the firm’s price target on Holley (HLLY) to $3 from $2.25 and keeps an Outperform rating on the shares. The company reported a Q2 beat and remains a leader in the “attractive” and “defensive” U.S. performance automotive aftermarket products industry, the analyst tells investors in a research note.