Limited upside is ahead for shares of Winnebago Industries, according to MKM Partners. Analyst Scott Stember downgraded shares of the RV-maker to neutral, noting that industry conditions and inflation have deteriorated since the firm launched coverage of the stock with a buy rating in May. Winnebago’s stock has rallied more than 46% since hitting a … Read more
Here are the biggest calls on Wall Street on Tuesday: UBS reiterates Target as buy UBS said in its bullish on the big box retailer heading into earnings next week. “There are several investment debates on TGT heading into its upcoming results. Is its guidance for 2H’22 too high? What about ’23? Are comps slowing? … Read more
Check out the companies making headlines before the bell: Winnebago (WGO) – The recreational vehicle maker saw its stock jump 3.4% after beating top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $ 4.13 per share, compared to a consensus estimate of $ 2.96, helped by higher prices and a jump in … Read more
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new reality … Read more
Here are Thursday’s biggest calls on Wall Street: Stifel downgrades Target to hold from buy Stifel downgraded the big box retailer after its disappointing earnings report on Wednesday. “We downgrade shares of Target to Hold and reduce our 2022-2023 EPS estimates meaningfully and our price target to $ 185, 14x 2023E EPS reflecting limited near-term … Read more
Here are the biggest calls on Wall Street on
Demand for RVs will continue to grow as consumers look for outdoor vacation options, and Winnebago is a "unicorn" in the industry.
Here are the biggest calls on Wall Street on
History suggests that if the bond market is correct about a recession coming, the stock market will start to send some signals as well.
The General Mills logo is displayed on a box of Raisin Nut Bran cereal at Scotty’s Market on September 20, 2017 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Adobe – Shares for the computer software company tumbled 9.3%. Adobe beat … Read more