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On Thursday, Jefferies sell-side analyst David Katz upgraded Callaway from hold to buy while giving the stock a $13 price target, compared with a $7.86 price to start the day. Why Shares of ...
Over the past few days, investors have not generally been willing to tee up with the stock of Topgolf Callaway Brands (NYSE: MODG). According to data compiled by S&P Global Market Intelligence, as ...
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At the time, Callaway held a 14% share of Topgolf. [19] Callaway had invested in Topgolf since 2006, with CEO Chip Brewer serving on the Topgolf board since 2012. [20] In October 2023, Topgolf Callaway successfully completed the acquisition of its competitor, BigShots Golf, for a sum of $29 million.
Due to competition from Adidas, the acquisition cost Callaway Golf $169 million. [5] On November 8, 2004, Callaway Golf named chairman and chief executive William C. Baker president and COO, replacing Patrice Hutin. [12] In August 2005, George Fellows was named president and CEO of Callaway Golf. He retained this position until June 2011. [13]
Big Bertha is the name given by Callaway Golf to a number of its lines of golf clubs.The name was chosen to evoke the famous German Big Bertha howitzer.. The original Big Bertha driver was launched in 1991.
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