Barclays raised the firm’s price target on Champion Homes (SKY) to $74 from $72 and keeps an Equal Weight rating on the shares. The company reported a strong Q1 with a sizable gross margin beat, but there is moderation ahead as demand softens, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SKY: