Wall Street Turns Bullish on Camping World After Robust Q1 Earnings Report
Following another upbeat earnings report from Camping World Holdings (NYSE: CWH), Wall Street is becoming decidedly more bullish about the recreational vehicle (RV) retailer, with no fewer than four firms issuing new higher price targets for its stock. The RV lifestyle got a significant boost from the pandemic as people sought to escape the confines of urban and suburban living for the great outdoors. Camping World's report indicates that this mindset is continuing into 2021 with first-quarter revenue surging 52% higher to $1.56 billion, leading it to raise its full-year guidance.
