Topgolf Callaway Brands (NYSE:CALY – Get Free Report) had its target price raised by stock analysts at UBS Group from $11.00 to $15.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 11.15% from the stock’s previous close.
Several other research analysts have also recently weighed in on CALY. Weiss Ratings assumed coverage on Topgolf Callaway Brands in a research note on Tuesday, March 3rd. They set a “sell (d-)” rating for the company. Zacks Research downgraded shares of Topgolf Callaway Brands from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $15.00.
View Our Latest Stock Analysis on CALY
Topgolf Callaway Brands Stock Performance
Topgolf Callaway Brands Company Profile
Topgolf Callaway Brands plc (NYSE: MODG) is a leading global sports and entertainment company formed through the merger of Callaway Golf Company and Topgolf Entertainment Group in July 2022. The company combines Callaway’s heritage in golf equipment design and manufacturing with Topgolf’s innovative, technology-driven entertainment venues. Topgolf Callaway Brands serves a diverse audience of golf enthusiasts, casual players and social visitors, offering experiences that span both competitive sport and leisure activities.
Under the Callaway Golf brand, the company develops and markets a broad portfolio of premium golf clubs, balls, accessories and apparel.
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