Malibu Boats: Positioned for Growth with Strategic Leadership and Synergies in a Recovering Industry
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Gerrick Johnson from Seaport Global has initiated a Buy rating on Malibu Boats (MBUU), citing the marine industry's recovery and growth potential. He highlights Malibu's strong portfolio and strategic leadership under CEO Steve Menneto. Johnson is confident in the company's B.I.G. strategy and sets a price target of $36, indicating potential for sustained growth.
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