BMO Capital keeps an Outperform rating and $70 price target on Winnebago (WGO) but lowers the firm’s Q1 EPS view to 13c from 30c and the firm’s FY25 EPS view to 3.58 from $3.75 ahead of the company’s Q1 results next week. BMO sees continued motorized softness and more aggressive motorized promotional activity for the quarter, though the firm remains positive on the stock longer tam and believes Winnebago can grow sales and earnings owing to operational improvement, continued market share gains from Barletta, and enhanced product offering, the analyst tells investors in a research note.
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Read More on WGO:
- Winnebago management to meet with Roth MKM
- Northcoast upgrades Winnebago to Buy with interest rates declining
- Winnebago upgraded to Buy from Neutral at Northcoast
- Winnebago Industries Faces Market Volatility Amid Analyst Influence
- Winnebago price target lowered to $64 from $68 at Truist
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
