B.Riley lifts Callaway(ELY:NYE) Golf target to $25 from $24

B. Riley analyst Susan Anderson upped  Callaway Golf’s target to $25 from $24 and maintained their Buy rating. The company hosted a Topgolf virtual investor conference which provided a clearer and more positive perspective to the valuation of Topgolf, as a catalyst for raising the target.

STA Research has a average target of $21.50, and a consensus Strong Buy rating on the stock. The technical indicator is very bullish.