BMO Capital analyst Tristan Thomas-Marti lowered the firm’s price target on Brunswick to $105 from $122 and keeps an Outperform rating on the shares. The company’s Q2 results were in line with preliminary results issued following the IT security incident, but while the management sounded incrementally more positive on retail and P&A trends, investors will likely take a wait-and-see attitude following choppy boat retail and weak P&A sales, the analyst tells investors in a research note.
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