Roth Capital upgraded LCI Industries (LCII) to Buy from Neutral with an unchanged price target of $164. The firm cites valuation for the upgrade with the shares falling 30% since mid-February. LCI should post “meaningful” earnings growth in 2026 and 2027 due to elevated recreational vehicle content gains, growing marine and aftermarket demand, and cost-cutting initiatives, the analyst tells investors in a research note. Roth also likes the company’s “rock-solid” balance sheet and “robust” free cash flow.
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