Thor Industries price target raised to $95 from $90 at DA Davidson

DA Davidson analyst Brandon Rolle raised the firm’s price target on Thor Industries to $95 from $90 but keeps a Neutral rating on the shares. The stock traded lower after the company missed with its Q2 results and cut its guidance on continued retail softness and cautious ordering patterns from North American dealers, coupled with the completion of dealer restocking efforts in the European segment, the analyst tells investors in a research note. The firm is also cutting its FY24 EPS view by $1.50 to $5.25 and its FY25 view by 90c to $7.30.