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Winnebago price target lowered to $46 from $54 at Citi

Citi analyst James Hardiman lowered the firm’s price target on Winnebago (WGO) to $46 from $54 and keeps a Buy rating on the shares following the fiscal Q2 report. Citi attributes the post-earnings selloff to the outlook being left unchanged despite the Q2 beat. It believes Winnebago has work to do to get inventory turns back to targeted levels.

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