Benchmark lowered the firm’s price target on Winnebago (WGO) to $60 from $70 and keeps a Buy rating on the shares. The firm’s lowered target reflects the softening macro environment, associated guidance cuts since FY24, and a pullback in the market multiples assigned to the broader group, the analyst noted.
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Read More on WGO:
- Winnebago price target lowered to $42 from $54 at DA Davidson
- Winnebago price target lowered to $50 from $58 at Truist
- Winnebago price target lowered to $60 from $70 at BMO Capital
- Winnebago’s FY25 selling season may be at risk, says Roth MKM
- Winnebago Industries: Resilient Performance and Strategic Growth Drive Buy Rating
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