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Thor Industries price target lowered to $109 from $112 at Truist

Truist lowered the firm’s price target on Thor Industries (THO) to $109 from $112 and keeps a Hold rating on the shares. The firm is citing the recent decline in average selling prices, noting that the recent trend line is choppy but continues to be downward from July’s 2.4% increase. Truist adds that its reduced price target reflects its modestly higher assumptions for net debt for Thor Industries.

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