DA Davidson raised the firm’s price target on MasterCraft Boat (MCFT) to $23 from $17 and keeps a Neutral rating on the shares after its Q1 earnings beat. The company saw positive retail sales for each of its brand despite the liquidation of Tommy’s Boats inventory throughout September, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCFT: