MODG Topgolf Callaway shares 'oversold' at current valuation, says Stephens Following virtual meetings with Topgolf management, Stephens says the firm is "increasingly confident the stock remains undervalued" and "oversold" at current levels. The firm believes current targets are achievable and the rollout of the PIE initiative could provide upside to venue profitability, says the analyst, who maintains an Overweight rating and $33 price target on Topgolf Callaway shares.
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