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Baird Raises Rating for Winnebago Industries
RVnews
post Feb 8 2010, 09:46 AM
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Editor’s Note: Robert W. Baird & Co. issued this client recommendation on the stock of Winnebago Industries Inc.
With the stock approaching our $11 target price, we are raising our rating to Neutral (from underperform). We remain concerned that profitability may remain elusive given breakeven levels near 3x F2009 volume, but note the robust wholesale recovery, [...]

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