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Fly News Breaks for March 29, 2018
CWH
Mar 29, 2018 | 11:43 EDT
JPMorgan analyst Ryan Brinkman noted the 10% relief rally in Camping World shares on March 14 after the company filed its Form 10-K but also pointed out that the stock has materially underperformed the market since then. This weakness comes despite solid trends in February RV shipments and what he sees as a still largely favorable industry backdrop. The analyst, who views Camping World as positioned well for Q1, reiterates an Overweight rating and $51 price target on the shares.
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