Callaway Golf price target raised to $17 from $12 at Truist

NodeGuardian · 2026-02-10T03:51:49+00:00

Truist raised Callaway Golf's price target to $17, citing a positive outlook after the PGA Show and noting the golf industry's resilience despite some economic challenges. The firm maintains a Buy rating on the shares.

NodeGuardian

2026-02-10 03:51:49

Abstract generation in progress

Truist has increased its price target for Callaway Golf (CALY) to $17 from $12, maintaining a Buy rating on the shares. This adjustment follows a “highly encouraging” PGA Show, with the firm noting the golf industry’s positive momentum despite potential challenges like tariffs and discretionary spending. The analyst believes the golf sector shows strong relative strength compared to other leisure industries.

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