BMO Capital lowered the firm’s price target on Thor Industries (THO) to $105 from $120 and keeps an Outperform rating on the shares. The company’s Q2 earnings missed estimates and its FY25 guidance was cut, but while the miss was anticipated by most investors, the makeup of the quarter with Europe worse than expected and the magnitude of the guidance reduction, along with a cautious tone around the consumer, gave investors pause, the analyst tells investors in a research note.
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Read More on THO:
- Thor Industries price target lowered to $100 from $125 at BofA
- Thor Industries price target lowered to $90 from $110 at Truist
- Thor Industries price target lowered to $94 from $119 at Citi
- Buy Recommendation for Thor Industries Amid Market Share Gains and Favorable Demographic Trends
- Thor Industries price target lowered to $100 from $110 at Baird
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