BofA upgraded Thor Industries (THO) to Buy from Neutral with a price target of $125, up from $110. The firm, which raised its FY26 EPS forecast to $6.90, or 13% above the Street consensus, sees evidence of Thor recapaturing market shares, especially at Camping World (CWH), the analyst tells investors. In 2025, the firm believes Thor was able to hit sharper price points across towable manufacturing lines and sees rising inventory supporting higher shipments in Q2, the analyst added.
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