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Winnebago price target lowered to $43 from $56 at Roth MKM

Roth MKM lowered the firm’s price target on Winnebago (WGO) to $43 from $56 and keeps a Neutral rating on the shares. Plunging consumer confidence levels, caused by uncertainties created by tariffs, have put cold water on the stock’s more constructive narrative, at least for now, the analyst tells investors in a research note. The firm is also turning more cautious about potential cascading margin headwinds on the industry following Thor Industries’ (THO) recently announced strategic relationships with large dealers, BMO added.

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