Camping World price target raised to $21 from $16 at Citi

Citi raised the firm’s price target on Camping World (CWH) to $21 from $16 and keeps a Buy rating on the shares after having hosted a fireside chat with Chairman and CEO Marcus Lemonis and other company executives. The industry continues to bounce along the bottom, but Camping World “has among the most upside in our coverage universe (a potential double) if borrowing rates begin to come down in a meaningful way,” the U.S. avoids a severe recession, and the company maintains or expands its relative momentum in the RV industry, the analyst tells investors following the management meeting.