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Camping World price target lowered to $25 from $30 at BMO Capital

BMO Capital analyst Tristan Thomas-Martin lowered the firm’s price target on Camping World (CWH) to $25 from $30 and keeps an Outperform rating on the shares. The company continues to significantly outperform the broader RV market from a retail standpoint, but ASP pressure as consumers continue to gravitate towards more affordable units is resulting in the company pushing out its prior SG&A target, the analyst tells investors in a research note.

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