Roth MKM keeps a Neutral rating and $72 price target on Thor Industries ahead of the company’s Q4 results next week. The concerns stem from an uncertain macro outlook for FY24, the likelihood that pricing dynamics on FY24 models will lead to heavy promo activity on remaining FY22 and FY23 units in the field, along with an unknown dealer appetite to restock in the months ahead, the analyst tells investors in a research note.
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