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Fly News Breaks for January 27, 2020
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.
News For WGO From the Last 2 Days
May 19, 2022 | 08:15 EDT
DA Davidson analyst Brandon Rolle downgraded Winnebago to Neutral from Buy with a price target of $52, down from $70. The analyst states that while his fresh round of RV industry checks suggests continued weakness at retail through mid-May, his visit to the Elkhart, Indiana production facilities also sparked questions whether RV OEMs are "producing with greater discipline" compared to 2018-2019 period.