SunTrust analyst Michael Swartz lowered his price target on Winnebago to $34 after its Q1 results yesterday, saying that while earnings and revenue topped expectations, the metrics for the RV industry could remain "choppy" in the near term. The analyst also keeps his Buy rating on the shares longer term and expects the company to grow in FY19 in spite of the softer RV retail backdrop. Swartz states that the post-earnings rally in the stock price yesterday was a function of the low expectations for the quarter, but adds that his positive view of the company was "strengthened" based on the ongoing towable share gains and improving profitability in the motorized segment.