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Winnebago downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc downgraded Winnebago (WGO) to Sector Weight from Overweight without a price target The company reported a solid quarter but the stock’s valuation is more limited following the recent rally, the analyst tells investors in a research note. The firm sees a “fuller” valuation amid the current macro backdrop and uncertainty around the consumer.

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