AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
B. Riley Securities Raises Topgolf Callaway PT to $9.5 from $7.
ByAinvest
Monday, Aug 11, 2025 8:50 am ET1min read
B. Riley Securities Raises Topgolf Callaway PT to $9.5 from $7.
Topgolf Callaway Brands Corp (MODG) experienced a significant price movement on July 2, 2025, as B. Riley Securities raised the price target for the stock to $9.5 from $7.00. The new price target reflects a substantial increase of 35.71% from the previous target, signaling a bullish outlook for the stock.As of the latest trading day, MODG's stock price closed at $9.025, following a 5.6% decrease on August 8, 2025. The stock has shown resilience, with a total price change of +17.73% over the past 10 days, indicating a strong upward trend. The technical indicators lean more toward a neutral outlook in the mid-term, with 3 buy signals and 2 sell signals [1].
The moving average analysis suggests a bullish trend, with the SMA_20 above the SMA_60, indicating a strong buy signal. However, there is potential resistance at $10.51 and $11.34, and support at $7.82 and $6.98 [1]. The short selling ratio of 9.27% indicates that short sellers may be anticipating further declines, but the overall trend remains positive.
Looking ahead, the stock price forecast for 2026 is projected to fluctuate between $4.50 and $8.01, with an average price of $6.49. The potential ROI for 2026 is estimated to be -17.62% in January, declining to -33.59% in February [1].
The similarity chart analysis predicts a 5.89% upward shift in MODG's 1-month price, based on a 94.77% similarity score with GPK.N stock patterns. This forecast is updated weekly and considers significant deviations [1].
Seasonality analysis suggests that April offers the highest probability of positive returns at 81.82%, while August has the lowest probability of 45.45%, making it a potentially strong month for investment [1].
In conclusion, the recent price target increase by B. Riley Securities, combined with the positive technical signals and moving average trends, indicates a strong buy candidate for MODG. However, investors should consider the short selling activity and the potential resistance levels before making any investment decisions.
References:
[1] https://intellectia.ai/stock/MODG/forecast
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet