Acushnet Holdings price target lowered to $66 from $75 at Roth MKM

Roth MKM analyst George Kelly lowered the firm’s price target on Acushnet Holdings (GOLF) to $66 from $75 and keeps a Neutral rating on the shares after its Q4 results. The industry and brand remain healthy, but ongoing corporate investment, FX, and tariffs are weighing on margins and elevating uncertainty, and with the stock trading at nearly 12-times 2025 EBITDA estimate, there are more compelling opportunities elsewhere, the analyst tells investors in a research note.