CALLAWAY GOLF (ELY) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of CALLAWAY GOLF (ELY) from OUTPERFORM to NEUTRAL on December 31, 2013, with a target price of $9.10.

Callaway Golf Company is designs, develops, manufactures and markets high quality, innovative golf clubs. The Company's golf clubs are sold at premium prices to both average and skilled golfers on the basis of performance, ease of use and appearance.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

To get a free copy of the research report on CALLAWAY GOLF (ELY),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .