Champion Homes upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital analyst Mike Dahl upgraded Champion Homes (SKY) to Outperform from Sector Perform with a price target of $91, up from $85. The company reported solid Q2 results that reflect strong price/cost management despite choppy demand, the analyst tells investors in a research note. RBC adds that it sees near-term upside potential vs. Champion Homes’ “likely conservative” Q3 guide.