Shares of Camping World Holdings Inc. (CWH) are soaring 5.15% in Friday's intraday trading session, following a positive initiation from Loop Capital. The recreational vehicle retailer and services provider has caught the attention of investors after the Wall Street firm started coverage with a bullish stance.

Loop Capital initiated coverage on Camping World Holdings with a Buy rating and set a price target of $17. This optimistic outlook from a reputable financial institution has sparked renewed interest in the stock, driving its significant upward movement. The $17 price target suggests potential upside from the stock's current trading levels, further fueling investor enthusiasm.

Adding to the positive sentiment, analysts polled by FactSet have given Camping World Holdings an average rating of Buy, with a mean price target of $18.38. This consensus view aligns with Loop Capital's bullish stance, indicating a broader positive outlook on the company's prospects among Wall Street analysts. As investors digest this new information and reassess their positions, the stock's momentum could continue to build in the near term.