Roth Capital lowered the firm’s price target on Winnebago (WGO) to $38 from $42 and keeps a Neutral rating on the shares. The company reported better-than-expected Q2 results but the war in Iran has posed additional uncertainties regarding recovery prospects this selling season, the analyst tells investors in a research note. Winnebago is looking to execute on controllable factors led by turning around the legacy Winnebago motorized operations, though Roth is setting its forecast toward the bottom end of guide, the firm adds.
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