RBC Capital analyst Mike Dahl raised the firm’s price target on Skyline Champion to $82 from $68 and keeps a Sector Perform rating on the shares after its Q1 earnings beat. The firm is boosting its FY25 adjusted EBITDA view by 12% to $276M to reflect the broad-based improvement in orders and volumes this quarter alongside stepped up gross margins, resulting in a stronger earnings outlook, the analyst tells investors in a research note.
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