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Camping World price target lowered to $22 from $27 at KeyBanc

Camping World price target lowered to $22 from $27 at KeyBanc

KeyBanc analyst Noah Zatzkin lowered the firm’s price target on Camping World (CWH) to $22 from $27 and keeps an Overweight rating on the shares. The firm says that following discussions with 30 leisure vehicle dealers, it is clear that ongoing macro pressures in addition to policy shifts are influencing consumer appetite for large-ticket discretionary purchases. February screened soft for leisure products, impacted by unfavorable weather across much of the country, and the retail environment “remains muted,” the analyst tells investors in a research note.

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