B. Riley lowered the firm’s price target on Malibu Boats (MBUU) to $30 from $39 and keeps a Neutral rating on the shares following the fiscal Q3 report. Looking ahead, the company moderated the implied outlook for Q4, reflecting softer retail and ongoing market uncertainty, the analyst tells investors in a research note. The firm believes Malibu Boats is well positioned to capitalize once retail demand inflects.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBUU:
- Malibu Boats Reports Strong Q3 2025 Results
- Malibu Boats reports Q3 adjusted EPS 72c, consensus 74c
- Malibu Boats sees FY25 net sales down 3%-5%
- MBUU Upcoming Earnings Report: What to Expect?
- Buy Recommendation for Malibu Boats: Strong Financial Position and Attractive Valuation Amid Market Challenges