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Fly News Breaks for January 16, 2020
THO, WGO
Jan 16, 2020 | 08:54 EDT
SunTrust analyst Michael Swartz raised his price targets on Buy-rated Thor Industries (THO) to $92 and on Winnebago (WGO) to $65 as part of a broader research note on RV stocks. The analyst says he attended the Florida RV show and left with an incrementally more positive view on industry retail as its performance appears to have improved. Swartz sees upside in the numbers for Thor Industries and Winnebago over the next 12 months based on his expected catalysts of margin upside and share gains for the two companies respectively.