RBC Capital lowered the firm's price target on Champion Homes to $92 from $101 and keeps an Outperform rating on the shares after its Q4 results. The firm is citing a more muted Q1 outlook and recent macro headwinds in reducing its estimates, adding however that while near-term demand remains impacted by the tough macro backdrop and incremental cost pressures, the company's markets remain relatively resilient, the analyst tells investors in a research note.
