B. Riley lowered the firm’s price target on MarineMax (HZO) to $30 from $40 and keeps a Buy rating on the shares following the fiscal Q2 report. Investor focus is on the quarter-to-date trends in light of the tariff-related uncertainty, the analyst tells investors in a research note. The firm says MarineMax saw a slowdown in April and expects the month to finish negative from a same-store-sales perspective. Riley cites reduced estimates and a lower multiple in light of softer sentiment for the target cut.
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