Baird analyst Craig Kennison lowered the firm’s price target on OneWater Marine (ONEW) to $17 from $18 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where they reduced guidance due to macro uncertainty.
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Read More on ONEW:
- OneWater Marine Reports Q2 Results Amid Economic Challenges
- Onewater Marine Inc. Earnings Call Highlights Challenges and Gains
- OneWater Marine cuts FY25 adjusted EPS view to 75c-$1.25 from $1.00-$2.00
- OneWater Marine reports Q2 adjusted EPS 13c, consensus 34c
- OneWater Marine price target lowered to $16 from $22 at KeyBanc