Citi raised the firm’s price target on Thor Industries to $129 from $115 and keeps a Neutral rating on the shares ahead of the company’s earnings report on Wednesday. The firm says it has begun to see the initial signs of a positive inflection in recreational vehicle industry retail, while wholesale shipments have begun to comp positively. The analyst believes there is upside to the 2024 industry expectations recently provided by some industry participants
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Read More on THO:
- THOR Industries Announces Date For Its Fiscal 2024 Second Quarter Earnings Release
- Thor Industries Welcomes New Board Member Jeffrey Lorenger
- THOR Industries, Inc. Names Jeffrey D. Lorenger to Its Board of Directors
- Thor Industries appoints Michele McDermott as Chief Human Resources Officer
- Thor Industries price target raised to $115 from $109 at Citi
