OneWater Marine price target lowered to $30 from $35 at Truist

Truist lowered the firm’s price target on OneWater Marine to $30 from $35 and keeps a Buy rating on the shares after its Q2 earnings miss. The near-term picture remains cloudy and the lower end of the guidance range is more likely, but at this point, the firm remains constructive on OneWater Marine’s long-term story and believes that the company can return to earnings growth during the second half of the year, the analyst tells investors in a research note.