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Fly News Breaks for March 26, 2019
WGO
Mar 26, 2019 | 09:29 EDT
BMO Capital analyst Gerrick Johnson kept his Outperform rating and $42 price target on Winnebago after its in-line Q2 results, even though he sees the management's "cautious industry commentary" possibly tempering investor enthusiasm. The analyst notes however that the remarks were consistent with those made at the RVX show two weeks ago and expects the company to be able to "weather a challenging industry backdrop" while its brands capture market share with "thoughtful new products".
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