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Fly News Breaks for January 27, 2020
WGO
Jan 27, 2020 | 06:53 EDT
KeyBanc analyst Brett Andress initiated Winnebago with an Overweight rating and $67 price target. In a research note to investors, Andress says he views Winnebago as well positioned for earnings upside amid what is an increasingly favorable industry backdrop entering the FY20 season. The analyst says he expects sustainable outperformance from Winnebago's towables segment via Grand Design and believes the company's upside potential in motorized remains underappreciated.
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