DA Davidson raised the firm’s price target on MarineMax to $42 from $37 and keeps a Buy rating on the shares. The company’s Q3 results topped estimates and the management affirmed guidance despite the challenging industry fundamentals as MarineMax continues to gain share vs. the broader marine industry, the analyst tells investors in a research note.
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Read More on HZO:
- MarineMax price target raised to $44 from $35 at Truist
- MarineMax backs FY24 adjusted EPS view of $2.20-$3.20, consensus $2.37
- MarineMax reports Q3 adjusted EPS $1.51, consensus $1.40
- MarineMax Director Charles Oglesby to Step Down, Board Shrinks
- MarineMax price target raised to $37 from $34 at DA Davidson