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Fly News Breaks for October 4, 2016
WGO
Oct 4, 2016 | 07:57 EDT
BMO Capital analyst Gerrick Johnson said he views Winnebago's agreement to acquire Grand Design, which will make it the third-largest towable RV manufacturer in the world, as a "big win," given that Grand Design is both highly profitable and fast-growing. While not yet adjusting his earnings model, Johnson thinks the deal could drive a higher multiple for Winnebago shares and raised his price target on the stock to $33 from $27 while keeping an Outperform rating on the name.
News For WGO From the Last 2 Days
WGO
Apr 18, 2024 | 07:23 EDT
