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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WGO:
- Options Volatility and Implied Earnings Moves This Week, December 18 – December 21, 2023
- WGO Earnings this Week: How Will it Perform?
- Winnebago Industries Board of Directors Approves Quarterly Cash Dividend
- Winnebago Industries 2023 Corporate Responsibility Report Showcases the Company’s Progress and Positive Impact on its Environmental, Social and Governance (ESG) Initiatives
- Winnebago management to meet with Roth MKM