Truist raised the firm’s price target on Thor Industries (THO) to $78 from $72 and keeps a Hold rating on the shares as part of a broader research note on RV names. The macro/tariff uncertainty has muted consensus expectations for FY25, but the recent dealer conversations were “remarkably resilient” relative to the firm’s February survey, underpinned by a “status quo” demand backdrop through May, improving unit margins, and tamer-than-feared model-year 2026 pricing, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on THO:
- Options Volatility and Implied Earnings Moves This Week, June 02 – June 06, 2025
- THO Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Thor Industries price target raised to $65 from $60 at KeyBanc
- Thor Industries announces strategic partnership for Class A motorhome production
- Thor Industries price target lowered to $74 from $86 at Citi