Citi Reduces Winnebago Target to $46, Flags Inventory Turn Challenges
Citi analyst James Hardiman lowered the firm's price target on Winnebago Industries from $54 to $46 on March 27, while maintaining a Buy rating. The r...
Citi analyst James Hardiman lowered the firm's price target on Winnebago Industries from $54 to $46 on March 27, while maintaining a Buy rating. The reduction followed the company's unchanged outlook post-earnings and the need to improve inventory turnover. Winnebago's management highlighted a focus on new motorhome products, including Class A and C diesel models and the growing Super C segment.