Jefferies lowered the firm’s price target on Brunswick (BC) to $45 from $64 and keeps a Hold rating on the shares. Q1 results were better than feared, beating Street expectations on the top and bottom lines, but management lowered the FY25 outlook, primarily due to tariff uncertainties as the company potentially faces $100M-$125M in incremental tariff costs this year, the firm stated. Jefferies remains sidelined until greater visibility materializes, the analyst added.
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Read More on BC:
- Brunswick lowers 2025 adj EPS view to $2.50-$4.00 from $3.50-$5.00
- Brunswick sees Q2 adjusted EPS 80c-$1.10, consensus $1.48
- Brunswick reports Q1 adjusted EPS 56c, consensus 22c
- Brunswick price target lowered to $60 from $85 at Roth Capital
- BC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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