BMO Capital analyst Tristan M. Thomas-Martin maintained a Buy rating on Winnebago Industries (WGO – Research Report) yesterday and set a price target of $42.00.
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Tristan M. Thomas-Martin has given his Buy rating due to a combination of factors influencing Winnebago Industries’ outlook. Despite a recent dip in stock price following a guidance cut for FY25, the analyst sees potential in the company’s strong brand portfolio and the long-term trends in outdoor recreation. The firm has adjusted its estimates and target price to account for near-term challenges, including tariff impacts and cautious market conditions anticipated in the latter half of FY26.
Management’s commentary on stable to slightly improving retail trends, along with strategic mitigation and pricing actions to counter tariff risks, supports a positive outlook. Additionally, Winnebago’s new product launches and market share gains from brands like Barletta and Newmar are expected to drive sales and earnings growth. These factors collectively underpin the Buy rating, reflecting confidence in the company’s ability to navigate current headwinds and capitalize on future opportunities.
In another report released today, KeyBanc also reiterated a Buy rating on the stock with a $34.00 price target.
WGO’s price has also changed dramatically for the past six months – from $47.890 to $28.240, which is a -41.03% drop .