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

Stifel analyst Drew Crum raised the firm’s price target on OneWater Marine to $34 from $32 and keeps a Buy rating on the shares ahead of the company’s expected fiscal Q1 report, the date for which has not yet been announced. The firm’s estimates reflect lower results for Q1 and since it’s still early in the fiscal period, the firm is not anticipating any adjustments to FY24 guidance with this update, the analyst tells investors in a preview note.