Why Camping World Is Jumping 10% Today
Shares of Camping World Holdings (NYSE: CWH) were jumping 10% higher in morning trading Tuesday after a JPMorgan analyst upgraded the recreational vehicle maker to overweight.
Analyst Ryan Brinkman told investors in a note this morning that Camping World will benefit from "demand tailwinds" as consumers look to get away from populous areas to avoid contracting COVID-19. He also raised his price target to $40 per share from $30, a 33% increase from where the RV maker closed on Friday.
Source Fool.com