Baird analyst Craig Kennison raised the firm’s price target on Thor Industries to $120 from $115 and keeps an Outperform rating on the shares. The firm missed expectations and lowered guidance as dealers order cautiously ahead of the July 2025 transition. Baird acknowledges the disappointment but continues to believe the stock is on an upward path as investors seek early-cycle ideas.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on THO:
- THO Earnings: Thor Industries Craters on Q2 Results, Lowered Outlook
- Options Volatility and Implied Earnings Moves Today, March 06, 2024
- THOR Industries Announces Second Quarter Fiscal 2024 Results
- Thor Industries Projects Earnings, Engages Shareholders for FY2024
- Thor Industries drops 13% to $110.00 after cutting FY24 guidance
