Roth Capital analyst Scott Stember lowered the firm’s price target on Thor Industries (THO) to $77 from $82 and keeps a Neutral rating on the shares. The company reported a surprisingly strong Q3 EPS and maintained FY25 guidance, but the firm remains at neutral, with expectations of weaker retail demand being driven by economic uncertainty and magnified by tariffs, the analyst tells investors in a research note. Margins made a nice rebound in Q3, but wholesale demand has reversed sharply in Q4 after recent quarterly restocking, Roth added.
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