Morgan Stanley analyst Simeon Gutman raised the firm’s price target on Topgolf Callaway (MODG) to $15 from $11 and keeps an Equal Weight rating on the shares as part of the firm’s hardline, broadline and food retail 2026 outlook.
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Read More on MODG:
- Topgolf Callaway Sells Stake, Refocuses on Golf Equipment
- Topgolf Callaway to change name to Callaway Golf, ticker to ‘CALY’
- Topgolf Callaway price target raised to $17.50 from $14.50 at Compass Point
- Topgolf Callaway announces up to $200M share repurchase
- Topgolf Callaway brands completes sale of majority stake of Topgolf
