Acushnet Holdings price target raised to $52 from $45 at Roth MKM

Roth MKM raised the firm’s price target on Acushnet Holdings to $52 from $45 and keeps a Neutral rating on the shares after its better than expected Q4 results and guidance. The company is clearly benefiting from pricing and stable industry conditions, though following the pop in the stock price, the risk/reward for Acushnet looks to be "balanced", the analyst tells investors in a research note.