OneWater Marine price target raised to $17 from $16 at KeyBanc

KeyBanc analyst Noah Zatzkin raised the firm’s price target on OneWater Marine (ONEW) to $17 from $16 and keeps an Overweight rating on the shares. The firm notes the company posted mixed Q3 results vs. the Street, raising revenue/same-store sales guidance and lowering the top end of the EBITDA guidance range. Stronger revenue and same-store sales were encouraging given the challenged industry backdrop, macro uncertainty, and a pressured consumer, KeyBanc adds.