MasterCraft Boat price target raised to $22 from $15 at Truist

Truist raised the firm’s price target on MasterCraft Boat (MCFT) to $22 from $15 and keeps a Hold rating on the shares. The firm is citing the company’s better than expected Q1 print and an upward revision to guidance but also believes that smoother sailing is still likely two quarters out, the analyst tells investors in a research note.