OneWater Marine price target raised to $34 from $32 at KeyBanc

KeyBanc analyst Noah Zatzkin raised the firm’s price target on OneWater Marine to $34 from $32 and keeps an Overweight rating on the shares. KeyBanc thinks retailers remain the way to play the vehicles space, with OneWater’s scale and potential elevated M&A opportunity supporting a higher normalized earnings profile, the analyst tells investors in a research note.