Why Camping World Stock Is Soaring Today
Shares of Camping World Holdings (NYSE: CWH) were soaring on Thursday after the company got an upgrade from an analyst. Of course, it's hard to find a stock that's not up today. However, the upgrade likely contributed to its outsized performance. As of 2:30 p.m. EST, Camping World stock was up 13%.
This morning, an analyst with BMO Capital upgraded their outlook for Camping World stock, according to The Fly. While BMO doesn't necessarily believe it will beat the market averages, their price target was raised from $35 per share to $50 per share. Even after spiking higher today, that still represents around 16% upside.
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Source Fool.com
