Callaway Golf Reaches Analyst Target Price
June 09, 2020 at 08:46 AM EDT
In recent trading, shares of Callaway Golf Co (ELY) have crossed above the average analyst 12-month target price of $17.60, changing hands for $17.66/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..