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Fly News Breaks for June 14, 2019
WGO
Jun 14, 2019 | 09:13 EDT
Northcoast analyst Brandon Rolle initiated Winnebago with a Buy rating and $47 price target, saying he views the company as well-managed, with strong free cash flow and a share gains vs. peers. Although Winnebago's third quarter performance will be negatively impacted by weaker shipments, Rolle contends that its share gain story remains intact and expects Winnebago to benefit from increased orders at this year's Open House.
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