In the aftermath of Brunswick Corporation's (BC, Financial) recent quarterly earnings report, B. Riley Financial has revised its outlook on the company. The financial firm has reduced its price target for Brunswick's stock from $68 to $50, while maintaining a Neutral rating.
The adjustment is primarily driven by the impact of tariffs, which are causing significant concern among investors. B. Riley's analysts have indicated that the direct effects of tariffs, along with the resultant market volatility, are crucial factors influencing Brunswick's future projections.
With these challenges in mind, Brunswick's forecast for 2025 has been adjusted downward. The company must navigate these hurdles amidst broader economic uncertainties, impacting investor sentiment and outlook.
