Truist Securities Maintains Hold on Thor Industries, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a Hold rating on Thor Industries (NYSE:THO) and increased the price target from $96 to $105.
January 09, 2024 | 7:30 pm
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Truist Securities analyst Michael Swartz has reaffirmed a Hold rating on Thor Industries and raised the price target to $105, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a positive reassessment of Thor Industries' valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Hold rating indicates that the analyst does not see significant momentum beyond the new target price in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100