Truist Securities raised its price target on Acushnet Holdings (NYSE:GOLF) to $97 from $95, maintaining a Hold rating.
The firm increased its 2026 adjusted EBITDA estimate to $433 million and EPS to $3.79. For 2027, EBITDA is now seen at $461 million with EPS of $4.17.
Acushnet trades at a P/E ratio of 30.3 with a market cap of $5.08 billion. Bond.az analysis suggests the stock may be overvalued.
Truist noted a positive investor meeting, highlighting a recession-resilient player base and self-help initiatives.
