Benchmark analyst Michael Albanese lowered the firm’s price target on Brunswick (BC) to $70 from $90 and keeps a Buy rating on the shares. The firm is re-setting its price target to reflect a combination of lower AEBITDA and EPS estimates and a tighter multiple, the analyst tells investors. While the firm thinks the earnings power is there and is constructive on overall valuation, market dynamics such as tariffs have pushed out the time horizon and deepened the potential trough on EPS, the analyst added.
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