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Winnebago price target raised to $64 from $60 at DA Davidson

DA Davidson analyst Brandon Rolle raised the firm’s price target on Winnebago to $64 from $60 but keeps a Neutral rating on the shares. The analyst cites the company’s Q1 earnings miss and cautious outlook indicating that sales and profitability would be down sequentially in Q2, adding that the view is also supportive of its cautious stance prior to the print based on the firm’s latest RV Industry Checks.

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