Truist lowered the firm’s price target on Winnebago (WGO) to $36 from $40 and keeps a Buy rating on the shares. The firm is lowering its estimates for FY25-FY27 after the company’s Q3 results and guidance, adding however that while the management remains cautious into the second half of the year given consumer uncertainty, dealer austerity and tariff headwinds, June retail and market share commentary was an incremental positive to the story, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WGO:
- Winnebago price target lowered to $42 from $50 at BMO Capital
- Winnebago price target lowered to $33 from $37 at Citi
- Winnebago price target lowered to $30 from $37 at Roth Capital
- Winnebago Industries: Buy Rating Affirmed Amid Strong Brand Portfolio and Strategic Growth Initiatives
- Winnebago price target lowered to $35 from $38 at Baird
