Truist analyst Michael Swartz lowered the firm’s price target on Camping World (CWH) to $14 from $15 and keeps a Buy rating on the shares as part of a broader research note on recreational vehicles. For the industry, despite expectations for weather-related weakness in February, the North American retail revenues were down low 20%, which was even weaker than expected, the analyst tells investors in a research note. This is a sizable deceleration from January’s decline of 10.8%, the firm added.
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