Winnebago price target lowered to $32 from $38 at Roth Capital Roth Capital lowered the firm’s price target on Winnebago to $32 from $38 and keeps a Neutral rating on the shares. The firm notes that the the industry struggles to find a bottom with the latest headwinds from the war in Iran, resulting in higher prices at the pump and an uptick in consumer borrowing costs while further pressuring consumer confidence and the desire to purchase a new RV, the analyst tells investors in a research note. Roth adds it is also monitoring the ongoing share erosion in towables, net of fresh gains at the legacy Winnebago brand.
Winnebago price target lowered to $40 from $48 at Benchmark Benchmark analyst Michael Albanese lowered the firm’s price target on Winnebago to $40 from $48 and keeps a Buy rating on the shares. The firm is updating estimates for the RV industry after having a check-in with multiple names during peak season, stating that affordability and sentiment are weighing on volumes.
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