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Acushnet Holdings upgraded to Buy at Compass Point after recent pullback

Acushnet Holdings upgraded to Buy at Compass Point after recent pullback

As previously reported earlier this morning, Compass Point upgraded Acushnet Holdings (GOLF) to Buy from Neutral with a price target of $80, up from $77. Acushnet may not see “meaningful growth” in 2025, but the company’s continued stock repurchases and continued dividend growth have a “compounding effect” for shareholders, argued the analyst, who sees a “much more attractive entry point” following the recent stock pullback.

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