Thor Industries price target raised to $115 from $109 at Citi

Citi raised the firm’s price target on Thor Industries to $115 from $109 and keeps a Neutral rating on the shares. Since the firm’s last updates, both retail and wholesale recreational vehicle data points have been somewhat better than expected, the analyst tells investors in a research note. RV registrations in November were down 15%, which was an improvement from October, which was down 23% versus 2019, the analyst tells investors in a research note. As such, Citi bumped up 2024 expectations slightly.