Brunswick price target raised to $105 from $95 at Truist

Truist analyst Michael Swartz raised the firm’s price target on Brunswick to $105 from $95 and keeps a Buy rating on the shares. The company’s Q4 results were "nothing to write home about", but its commentary regarding 2023 supports the firm’s constructive near-term and long-term view of Brunswick as a a best-in-class story, the analyst tells investors in a research note. Even in a softer economic and consumer backdrop, Brunswick offers "clear path" to revenue and earnings growth in FY23, the firm adds.