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Fly News Breaks for October 18, 2018
WGO
Oct 18, 2018 | 08:26 EDT
Baird analyst Craig Kennison lowered his price target on Winnebago to $50 from $60 following its Q3 report. The analyst noted the industry remains on track for a record year, but he believes the market is discounting a decline-and-destock scenario, which he views as plausible. He believes investors should be patient and they will be rewarded. Kennison reiterated his Outperform rating on Winnebago shares.
News For WGO From the Last 2 Days
WGO
Mar 26, 2024 | 08:37 EDT
DA Davidson raised the firm's price target on Winnebago to $66 from $64 but keeps a Neutral rating on the shares after its Q2 earnings beat and initial mid-cycle targets. The company has indicated that both sales and profitability would improve sequentially in Q3, but they did not commit to any Q4 assumptions, the analyst tells investors in a research note. Winnebago is also maintaining a cautious near-term outlook for the RV industry, the firm added.