Champion Homes price target raised to $96 from $88 at RBC Capital

RBC Capital raised the firm’s price target on Champion Homes (SKY) to $96 from $88 and keeps a Sector Perform rating on the shares. The firm is citing the company’s Q3 earnings beat, boosting its FY26 EBITDA outlook by 3% on more favorable average selling prices and gross margin dynamics, the analyst tells investors in a research note. RBC adds however that while the current demand trends remain solid in the near term, it also sees this being reflected in the valuation.