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Winnebago price target raised to $70 from $58 at Roth MKM

Roth MKM raised the firm’s price target on Winnebago to $70 from $58 and keeps a Neutral rating on the shares. The company is expected to be the first manufacturer to emerge out of an RV recession, driven by the re-acceleration of its share gains and given its demonstrated expense management, the analyst tells investors in a research note. The firm adds that it is envisioning improved industry demand in 2025.

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