Baird analyst Craig Kennison lowered the firm’s price target on OneWater Marine (ONEW) to $17 from $18 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where they reduced guidance due to macro uncertainty.
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 ONEW:
- OneWater Marine Reports Q2 Results Amid Economic Challenges
- Onewater Marine Inc. Earnings Call Highlights Challenges and Gains
- OneWater Marine cuts FY25 adjusted EPS view to 75c-$1.25 from $1.00-$2.00
- OneWater Marine reports Q2 adjusted EPS 13c, consensus 34c
- OneWater Marine price target lowered to $16 from $22 at KeyBanc