Holley May Bear The Brunt Of Ongoing Macroeconomic Challenges, Analyst Highlights Softer Top-line Outlook
1. J.P. Morgan maintains a Neutral rating on Holley Inc. HLLY. 2. Analyst cites lack of growth catalysts and macroeconomic challenges. 3. 2025 guidance suggests a potential 20% EBITDA margin target. 4. Direct-to-consumer sales increased by 8% in Q4, showing some growth. 5. Sales guidance for 2023 predicts a 2% organic decline in Q1.