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Camping World price target lowered to $24 from $32 at Baird

Baird analyst Craig Kennison lowered the firm’s price target on Camping World to $24 from $32 and keeps an Outperform rating on the shares. The firm noted they beat their previously lowered expectations as management positions the business for a 2024 recovery. Baird calls it an early-cycle stock with rate-sensitive demand and a rate-sensitive balance sheet.

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