Winnebago price target lowered to $42 from $60 at Benchmark

Benchmark analyst Michael Albanese lowered the firm’s price target on Winnebago (WGO) to $42 from $60 and keeps a Buy rating on the shares. Winnebago posted in-line Q3 results last week following a pre-announced guide-down earlier in the month, driven by soft seasonal demand and continued pressure in Winnebago-branded products, the analyst tells investors in a research note.