Loop starts MasterCraft Boat at Hold on fair valuation

Loop Capital initiated coverage of MasterCraft Boat (MCFT) with a Hold rating and $21 price target The marine industry has undergone a “significant inventory rationalization” period over the past 12-18 months that appears to be in the late stages entering 2026, the analyst tells investors in a research note. Loop sees reasons for optimism in 2026 despite the unfavorable macro backdrop and elevated interest rate environment. It views MasterCraft Boat shares are fairly valued at current levels. Loop wants to see evidence of improving retail fundamentals or a meaningful pullback in shares before recommending the name.