BUZZ-THOR Industries gains after BofA raises to 'buy'
ReutersMar 3, 2025 3:38 PM
Shares of recreational vehicle maker THOR Industries THO.N up 3.63% at $103 in morning trade
BofA Global Research upgrades stock to "buy" from "neutral" and hikes PT to $125 from $110, the highest among 17 brokerages covering the stock
BofA sees green shoots in the overall RV industry including lean channel inventory levels, and stronger recent shipment data
Four brokerages rate the stock "buy" or higher, 11 "hold" and two "sell"; median PT is $110 - LSEG
Stock had risen ~8% YTD
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