DA Davidson lowered the firm’s price target on Winnebago (WGO) to $54 from $55 and keeps a Neutral rating on the shares after its Q1 earnings and revenue miss. While the company is starting to see green shoots at retail, Winnebago guided to a challenged Q2, which places increased pressure on their ability to deliver an improved earnings performance in the second half of FY25, the analyst tells investors in a research note.
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Read More on WGO:
- Winnebago price target lowered to $61 from $73 at Citi
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- Winnebago narrows FY25 adjusted EPS view to $3.10-$4.40 from $3.00-$4.50
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