As previously reported, Loop Capital upgraded Thor Industries (THO) to Buy from Hold with a $133 price target after visiting the Ohio RV Supershow and hearing from dealers who have started to see an improved sales mix, driven by customers trading up to more expensive models. Talks at the show lead the firm to believe that mix may begin to inflect positively for the industry as buyers who entered during COVID are now looking for higher-end products, the analyst tells investors.
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