Topgolf Callaway Brands Corp. has faced a downturn in analyst sentiment recently, with the consensus price target dropping from $12.63 to $7. Despite showing a positive financial report for Q4, with a growth in consolidated net revenue of 3%, questions linger about the company’s future.

Despite the challenges following the merger with Callaway, which has been criticized as a strategic misstep, there are potential upsides. Analyst Randal Konik from Jefferies has set a price target of $13 for MODG, indicating that there could still be investor opportunities amidst caution.