Camping World Holdings, Inc. (CWH) Shares Soar 6.26% on Citigroup Price Target Hike

Camping World Holdings, Inc. (CWH) shares surged 6.26% today, reaching their highest level since March 2025 with an intraday gain of 9.78%.

The strategy of buying CWH shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -4.39%, significantly underperforming the market. This indicates that relying on recent highs as a buying trigger and holding for a short duration is not a reliable strategy for CWH.

Camping World's stock price increase can be attributed to several key factors. Citigroup has raised its price target for the company from $21.00 to $23.00, while maintaining a "buy" rating. This adjustment reflects a growing confidence in the stock's potential performance, which likely contributed to the upward movement in its share price.

Additionally, Citigroup's analysis includes a positive outlook on the RV industry. This optimistic view of the industry's future prospects may serve as a catalyst for Camping World's stock, further driving its share price higher. The combination of these factors has likely played a significant role in the recent surge in Camping World's stock price.