Camping World price target lowered to $25 from $26 at KeyBanc

KeyBanc lowered the firm’s price target on Camping World to $25 from $26 and keeps an Overweight rating on the shares. Camping World’s top- and bottom-line results were softer than expected against a soft industry backdrop, the analyst tells investors in a research note. Camping World’s decision to lower its exposure to used has meaningful implications for the model, but KeyBanc views the decision to take a cautious approach toward used and leaning a bit on consignment as understandable given a disappointingly soft RV industry through peak selling season.