Acushnet Holdings price target raised to $74 from $68 at Tigress Financial

Tigress Financial raised the firm’s price target on Acushnet Holdings to $74 from $68 and keeps a Buy rating on the shares. The company should continue to benefit from new golfers entering the sport, increases in rounds played, and ongoing sales growth driven by new product introductions across its industry-leading brands, the analyst tells investors in a research note. The emphasis by Acushnet Holding on quality golfing experience and best-in-class products positions it to benefit from further gains in industry growth, the firm added.