Thor Industries price target raised to $99 from $87 at Roth MKM

Roth MKM raised the firm’s price target on Thor Industries to $99 from $87 but keeps a Neutral rating on the shares. The company reported an outsized Q4 earnings beat, and while the start of the Fed easing is a positive, the timing of a demand inflection is highly in question, the analyst tells investors in a research note. The firm adds that it will be monitoring recent towable share loss trends, which could be magnified for the 2025 model year.