BMO Capital analyst Gerrick Johnson raised the firm’s price target on Brunswick to $122 from $110 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company was moderately optimistic about the state of business and marine industry, and its 2023 guidance range was seemingly conservative, the analyst tells investors in a research note, adding that Brunswick’s product portfolio is positioned well to capitalize on the ongoing strength in the marine market.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on BC:
