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Winnebago price target lowered to $50 from $60 at BMO Capital

BMO Capital lowered the firm’s price target on Winnebago (WGO) to $50 from $60 and keeps an Outperform rating on the shares. The firm is adjusting its estimates after the company’s below-consensus Q3 earnings pre-announcement, cutting its FY25 EPS view to $1.50 from $3.00 and its FY26 view to $2.70 from $4.20 on expectation for softer production levels this summer due to anticipated muted dealer ordering, the analyst tells investors in a research note.

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