Raymond James Downgrades Callaway Golf To Market Perform

Analysts at Raymond James downgraded Callaway Golf Inc ELY from Strong Buy to Market Perform and removed the price target of $9.50. Callaway Golf shares have gained 16.09 percent over the past 52 weeks, while the S&P 500 index has surged 13.39 percent in the same period. Callaway Golf shares jumped 2.03 percent to close at $10.03 yesterday.