MALIBU BOATS --- nice climb out of the downward channel. !!

NASDAQ:MBUU   Malibu Boats, Inc
MBUU -- Malibu Boats --- nice climb out of the downward on the WEEKLY channel view !!
may move up --- possible 28% gains before a resistance point. Interesting news and recents BUYS from analysts. Lets see how it start to play this coming weeks.
If it continues -- The breakout came back at Mid November 2019 --- since then it has continued this upward climb.

Based on 4 analysts offering 12 month price targets for Malibu Boats in the last 3 months they have indicated that the average price target is $50.00 with a high forecast of $52.00 and a low forecast of $48.00. The average price target represents a 13.51% increase from the last price of $44. 05 .

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