DA Davidson raised the firm’s price target on Thor Industries (THO) to $102 from $78 and keeps a Neutral rating on the shares. The firm is encouraged by several potential green shoots for the company while also acknowledging the potential earnings power for Thor Industries if these industry and idiosyncratic catalysts materialize, the analyst tells investors in a research note. DA Davidson adds however that it remains on the sidelines until more tangible evidence emerges.
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