Form 8-K WINNEBAGO INDUSTRIES For: Jun 20
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Winnebago Industries (WGO) PT Lowered to $71 at Citi
June 21, 2024 5:02 AM EDTCiti analyst James Hardiman lowered the price target on Winnebago Industries (NYSE: WGO) to $71.00 (from $79.00) while maintaining a Buy rating.
The analyst comments "Shares were down ~3.5% on Thursday (vs. -25 bps for the S&P, as WGO delivered 3Q results that were... More
Citi Reiterates Buy Rating on Winnebago Industries (WGO)
June 20, 2024 9:46 AM EDTCiti analyst James Hardiman reiterated a Buy rating and $79.00 price target on Winnebago Industries (NYSE: WGO).
The analyst comments "Adjusted EBITDA margin of 7.4% was 40 bps short of our 7.8% and 80 bps ahead of the Streets 8.2% and was -330 bps vs.3Q23. Towable EBITDA was $42M/10.8% (better than the 9.4% in 2Q but -320 bps Y/Y) whereas Motorhome EBITDA was $13M/4.5% (-270 bps Y/Y and -320... More
