Street Calls of the Week
Investing.com - Texas Capital Securities upgraded Brunswick Corp (NYSE:BC) from Hold to Buy and raised its price target to $80.00 from $55.00 on Monday. The stock, currently trading at $66.61, has shown strong momentum with a 14.35% return over the past six months.
The upgrade comes as Texas Capital sees Brunswick positioned to benefit from a recovery in consumer demand and the restart of OEM boat production in the recreational marine industry.
Texas Capital cited record low channel inventories for Brunswick’s boat brands, increasing potential for interest rate cuts in the coming months, and tariff pressures on the company’s engine competitors as factors that set the stage for strengthening financial results in 2026/2027.
The firm’s estimates for Brunswick are above consensus levels, reflecting confidence in the company’s position as what it calls the "arms dealer" to the recreational marine industry.
Texas Capital expects the strengthening financial trends to result in higher valuation multiples for Brunswick that are more in line with pre-pandemic averages.
In other recent news, Brunswick Corporation reported impressive financial results for the second quarter of 2025. The company’s earnings per share (EPS) reached $1.16, exceeding the anticipated $0.94. Additionally, Brunswick surpassed revenue expectations, generating $1.45 billion compared to the projected $1.24 billion. Despite these strong financial outcomes, the stock experienced a decline in pre-market trading. No analyst upgrades or downgrades were reported in connection with these results. These developments highlight the company’s financial performance amidst market reactions. Investors may find the earnings and revenue figures particularly noteworthy.
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