Thor Industries price target raised to $115 from $105 at BMO Capital

BMO Capital analyst Tristan Thomas-Martin raised the firm’s price target on Thor Industries (THO) to $115 from $105 and keeps an Outperform rating on the shares. The company’s Q4 results came in better than expected, even after adjusting for one-time events, while its FY26 EPS guidance at the midpoint was slightly lower y/y on an adjusted basis, coming in “below the Street but more in line with investors”, the analyst tells investors in a research note. BMO adds that while it views the guidance as conservative, particularly not including any potential Keystone/ Heartland share gains, it also believes that it’s prudent to take a “conservative approach” entering an air pocket before the 2026 selling season.