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Top Wall Street analysts are calling out their favorite stocks with a focus on their long-term growth prospects. To that end, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Ahead of the company's quarterly results, several analysts have been reaffirming their bullish views on the stock. The top line gained from increased sales volumes of golf balls, clubs and golf gear under the company's Titleist brand. Tigress Financial analyst Ivan Feinseth reaffirmed a buy rating on GOLF stock and increased the price target to $74 from $68.
Persons: James Lee, AMZN, Lee, TipRanks, Ivan Feinseth, Feinseth, Acushnet, Goldman Sachs, Kate McShane, McShane, BJ Organizations: Wall, Amazon Web Services, Amazon, Holdings, Acushnet Holdings, Tigress, Acushnet, BJ's, Wholesale
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAcushnet CEO David Maher: Golf ball business plays 'outsized role in our profitability'David Maher, Acushnet Holdings CEO, joins 'The Exchange' to discuss Acushnet Holdings' stock and recent earnings, predictions for the future of the golf industry, and more.
Persons: David Maher Organizations: Acushnet Holdings
Here are five such stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Further, the company continues to invest in AI and sees huge growth potential for its AI-powered features. The analyst noted that the company achieved strong growth in new products under its Identity, Cloud, and LogScale Security Information and Event Management (SIEM) offerings. Nevertheless, he feels that this pullback has created an attractive opportunity to buy CMG stock based on multiple positive catalysts that could emerge in the months ahead. Tarantino reaffirmed a buy rating on CMG stock with a price target of $2,400.
Persons: Wall, TD Cowen, Shaul Eyal, Zscaler, Eyal, Needham, Alex Henderson, Henderson, TipRanks, Baird, David Tarantino, Tarantino, LULU, Robert Drbul, Lulu, Drbul Organizations: Nasdaq, Investments, CrowdStrike, Security, Management, Charlotte, Microsoft, Grill, Lululemon Athletic, Guggenheim, Acushnet Locations: cybersecurity, Mexican, North America, China, Greater China
Cramer's Lightning Round: AT&T is "horrendous"
  + stars: | 2023-08-23 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Acushnet Holdings' year-to-date stock performance. Stock Chart Icon Stock chart icon Hawaiian Electric's year-to-date stock performance. Stock Chart Icon Stock chart icon Aehr Test Systems' year-to-date stock performance. Stock Chart Icon Stock chart icon AT&T's year-to-date stock performance. Stock Chart Icon Stock chart icon Radnet's year-to-date stock performance.
Organizations: Acushnet Holdings, Systems
Lightning Round: AT&T stock is horrendous, says Jim Cramer
  + stars: | 2023-08-23 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: AT&T stock is horrendous, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Acushnet Holdings, SGHC, Hawaiian Electric, Aehr Test Systems, AT&T and RadNet.
Persons: Jim Cramer Organizations: Acushnet Holdings, Electric, Systems
Palo Alto Networks — The security software provider jumped 15.2% after Palo Alto beat expectations for earnings when reporting after the bell Friday. Goldman Sachs reiterated the stock as a buy following its report. Permian shares were flat. Xpeng — The Chinese electric vehicle maker jumped 9.8% following an upgrade to buy from neutral by Bank of America. Farfetch — The e-commerce fashion company's shares jumped more than 5% Monday.
Persons: Goldman Sachs, Earthstone, Baird, Napco, Xpeng, Tesla, Farfetch, Acushnet, Jefferies, , Sarah Min, Hakyung Kim, Samantha Subin Organizations: Nvidia, Palo Alto Networks, Palo Alto, Earthstone, Nvidia —, HSBC, Napco Security Technologies, Bank of America, Volkswagen, VMWare, Broadcom, United Kingdom's, Markets Authority, Acushnet Holdings Locations: Santa Clara , California, China
The surprise merger announcement between the PGA Tour and the Saudi Arabia-backed LIV Golf league sent shockwaves through the sports world on Tuesday and could have big implications for two golf stocks, according to Jefferies. As part of the deal, the Saudi Public Investment Fund, or PIF, is prepared to invest billions in the new golf league, CNBC's David Faber reported Tuesday. Jefferies analyst Randal Konik said in a note to clients Tuesday that the combined league and additional cash should boost golf's growth. "We believe that this unexpected agreement holds immense potential to elevate the sport of golf to new heights. Jefferies highlighted both stocks as potential beneficiaries of the deal, but said Topgolf Callaway has more "asymmetric upside potential."
Persons: LIV, shockwaves, Jefferies, CNBC's David Faber, Randal Konik, Konik, Topgolf Callaway, Michael Bloom Organizations: PGA Tour, LIV Golf, Saudi Public Investment Fund, Callaway Brands, Acushnet Holdings Locations: Saudi Arabia, PIF, Titleist
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