THO - Analyzing Thor's Strategic Clearance: Analyst Sees Measured Production Rebound Ahead | Benzinga
Truist Securities analyst Michael Swartz reiterated a Hold rating on the shares of Thor Industries Inc (NYSE: THO) and raised the price target from $84 to $86.
THO reported solid FY4Q23 results, including adjusted EPS of $1.68 on revenue of $2.74 billion. Both came in above the analyst's $1.13/$2.61 billion estimates.
The topline beat was driven by stronger than anticipated Towable and International revenue; more than offsetting softer Motorized sales, said ...