DA Davidson assumed coverage of Brunswick (BC) with a Neutral rating with a price target of $43, down from $64. The stock traded slightly higher after beating Q1 earnings expectations but unsurprisingly cutting its FY25 outlook, though while the company’s updated guidance assumes the current tariff rates will persist, conditions could potentially change on a day-by-day basis, the analyst tells investors in a research note. With little certainty around the retail outlook, the firm prefers to remain at Neutral, DA Davidson added.
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