BMO Capital lowered the firm’s price target on Thor Industries (THO) to $125 from $135 but keeps an Outperform rating on the shares. The company beat estimates for Q2 but maintained its guidance amid softer retail and ordering trends, the analyst tells investors in a research note. Retail demand hasn’t been as strong as expected so far in 2026, but weather headwinds following a strong show season are making it challenging to get a true read, the firm adds.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on THO: