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Acushnet's Brands Are Strong, But Margin Risk Remains
Tuesday, January 3, 2017 - 10:04am | 295Read More...Imperial Capital’s George Kelly noted that while Acushnet Holdings Corp (NYSE: GOLF) has good brands and the golf environment is improving, there continues to be margin risk and limited upside to the stock valuation. Kelly initiated coverage on the company with an In-Line rating and price...
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Acushnet Birdies Its First Earnings Report As A Public Company, Shares Soar 14%
Friday, December 9, 2016 - 4:20pm | 423Read More...Acushnet Holdings Corp (NYSE: GOLF) shares were soaring over 14 percent Friday following the company’s third-quarter earnings release, Acushnet’s first release since becoming a public company in October. Acushnet, the parent company of golf-staple Titleist, delivered third-quarter...
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A Healthy Environment For Titleist Portfolio
Friday, December 9, 2016 - 11:58am | 331Read More...Acushnet Holdings Corp (NYSE: GOLF) reported its Q3 results at the high end of the preliminary guidance range. D.A. Davidson’s Andrew Burns reiterated a Buy rating on the company, with a price target of $23. Q3 Results Acushnet Holdings reported its Q3 revenue at $332.4 million, with adjusted...
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Fortune Brands (FO) To Sell Cobra Golf Brand To Puma
Wednesday, March 10, 2010 - 11:49am | 116Read More...Fortune Brands, Inc. (NYSE: FO) announced on Wednesday that it was selling its Cobra golf brand to Puma AG. Although Fortune Brands said the two companies had already reached an agreement, it did not reveal the terms of the deal, which includes the Cobra golf brand, its intellectual property and...
