As previously reported, Northcoast upgraded Winnebago (WGO) to Buy from Neutral with a $75 price target The shares are up 4% to $63.65 in morning trading. The firm believes exposure to the recreational vehicle industry in a declining interest rate environment makes sense. In addition, Winnebago’s Grand Design product line, after some revamping and product introductions on the low-end, could resonate well with the consumer, the analyst tells investors in a research note.
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Read More on WGO:
- Winnebago upgraded to Buy from Neutral at Northcoast
- Winnebago Industries Faces Market Volatility Amid Analyst Influence
- Winnebago price target lowered to $64 from $68 at Truist
- Winnebago price target lowered to $70 from $75 at BMO Capital
- Winnebago price target lowered to $64 from $70 at Baird
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