Why Are These Five Stocks in Spotlight on Tuesday?

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Jefferies’ Analysts Bullish on Callaway Golf

Callaway Golf Co (NYSE:ELY) is in the spotlight today after Jefferies analyst, Randal Konik, hosted the company’s management at the Jefferies 2016 Global Consumer Conference on Monday evening. Konik continues to consider Callaway’s stock as attractive. The recent meeting depicts the analyst’s confidence that the company is set to go into offensive mode to capture market shares. Konik has a “Buy” rating and a price target of $14.00 for the California-based Golf equipment maker. Peter S. Park’s Park West Asset Management is one of 28 hedge funds from our database having shares of Callaway Golf Co (NYSE:ELY) at the end of the first quarter. It has 3 million shares of the company.

Follow Topgolf Callaway Brands Corp. (NYSE:MODG)

Middleburg Financial Expands Treasury Management Services

Middleburg Financial Corp. (NASDAQ:MBRG) said on Monday that it is expanding its Treasury Management services, and starting a dedicated line of business to support the Company’s corporate relationship strategy. The financial services company also appointed Christina Hjelmquist, former Treasury Management Officer of Xenith Bank, as its senior Vice President, Treasury Services Program Manager. In a statement, Gary R. Shook, CEO of Middleburg Financial Corporation, said that the company will increase and strengthen its client relationships, increase client satisfaction and retention with its dedicated Treasury Management services. Only two funds from Insider Monkey’s database were positioned in Middleburg Financial Corp. (NASDAQ:MBRG) at the end of March, including Jim Simons’ Renaissance Technologies, which owns 41,100 shares of the company.

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Disclosure: none

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