Winnebago Industries (NYSE: WGO) saw its stock surge 6.62% in pre-market trading on Friday, driven by positive sentiment ahead of its first-quarter earnings release. Analysts expect the company to report earnings of 14 cents per share, a significant turnaround from a year-ago loss of 3 cents per share.
The rally follows recent analyst upgrades, including Truist Securities raising its price target to $46 and maintaining a Buy rating. Additionally, the company announced the appointment of John Murabito as the new chair of the board, replacing David Miles, which may have further bolstered investor confidence.
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