Brunswick price target lowered to $45 from $64 at Jefferies

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.