As previously reported, Wedbush downgraded Skyline Champion to Neutral from Outperform with a $72 price target. The firm cites valuation and the lack of an emerging catalyst to increase its price target on the name. While the setup for 2024 appears favorable, Wedbush believes it is already reflected in the stock.
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Read More on SKY:
- Skyline Champion price target raised by $8 at Barclays, here’s why
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