Stifel analyst Drew E. Crum on Friday assigned a buy rating and $35 a share price target to MasterCraft Boat Holdings Inc. undefined as the firm launched...
Stifel analyst Drew E. Crum on Friday assigned a buy rating and $35 a share price target to MasterCraft Boat Holdings Inc. as the firm launched coverage of the manufacturer of recreational power boats. Crum sees the U.S. boating market as better-equipped to endure a recession, for the near/intermediate-term.
as the firm launched coverage of the manufacturer of recreational power boats. Crum sees the U.S. boating market as better-equipped to endure a recession, for the near/intermediate-term."And though growth is expected to slow, we are constructive on MasterCraft's brands, given its strong competitive position in fast-growing categories segments as ski/wake and pontoon, and see further movement across the portfolio serving as potential catalysts," Crum said.
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