NEW YORK -- Shares of Winnebago Industries jumped 6 percent Monday after an analyst with R.W. Baird upraded the stock to "neutral" from "underperform," Canadian Business reported.
Winnebago stock had lost 31 percent of its value since hitting a year high of $16.44 in October. It closed this afternoon at $12.02.
Analyst Craig Kennison said he remains concerned that "profitability may remain elusive" for the company. He predicted that Winnebago will report another loss for this year before returning to a small profit in 2011, Canadian Business reported.
To read the complete story in Canadian Business, click here.
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