Winnebago price target lowered to $43 from $47 at Truist

Truist lowered the firm’s price target on Winnebago (WGO) to $43 from $47 and keeps a Buy rating on the shares as part of a broader research note on recreational vehicles. For the industry, despite expectations for weather-related weakness in February, the North American retail revenues were down low 20%, which was even weaker than expected, the analyst tells investors in a research note. This is a sizable deceleration from January’s decline of 10.8%, the firm added.