Winnebago price target lowered to $60 from $70 at BMO Capital

BMO Capital lowered the firm’s price target on Winnebago (WGO) to $60 from $70 and keeps an Outperform rating on the shares. The company’s Q2 results were slightly better than expected, and while guidance was reduced due to ongoing macro headwinds and consumer uncertainty, a cut was generally expected by investors, the analyst tells investors in a research note. RV retail demand hasn’t accelerated like the firm anticipated in 2025, but its checks have indicated that the RV sector has seen the best relative performance in its Leisure coverage, and BMO believes that Winnebago’s new product initiatives should help return the company to market share growth.