Argus Postive On Thor Industries (THO), Raises PT To $115

Argus maintains Buy on Thor Industries Inc. (NYSE: THO), price target of $115.00 (from $92.00).

Analyst David Coleman comments "We believe that BUY-rated Thor Industries Inc. (NYSE: THO) remains the best-positioned public company in the RV industry, based on its No. 1 position in towable RVs and strength in motorized RVs. The company has significant competitive advantages thanks to its scale, product range, and size. It has also been able to attract younger buyers by introducing lower-priced units and incorporating new technology into its RVs. We like the company’s financial discipline, which stresses positive cash flow generation in all divisions and in all economic environments. The company has been profitable every year since its inception in 1980 and has a long history of returning cash to shareholders through dividends and share repurchases."

For an analyst ratings summary and ratings history on Thor Industries Inc. click here. For more ratings news on Thor Industries Inc. click here.

Shares of Thor Industries Inc. closed at $101.69 yesterday.

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