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Truist Raises Price Target on Callaway Golf to $17 From $12, Keeps Buy Rating
Truist has increased its price target for Callaway Golf (CALY) to $17 from $12, while maintaining a “Buy” rating on the stock. This adjustment reflects an updated positive outlook from the firm regarding the recreational products company. The news comes amid several recent changes for Callaway Golf, including a name change back from Topgolf Callaway Brands and recent product introductions.