Jefferies lifts PT on Thor Industries after Q4 sales beat
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Jefferies raises PT on recreational vehicles manufacturer Thor Industries THO.N to $100 from $92; a downside of 5.5% from the stocks last close
Maintains rating at "hold"
Co on Wednesday reported Q4 net sales above Wall Street estimates
Jefferies says Thor's motorized volumes were up, as newer product lines hit strategic price points aligned with consumer demand
However, brokerage says co's towable recreational vehicles (RV) demand remains soft heading into winter as dealers keep inventory lean
4 of 17 brokerages rate the stock "buy" or higher, 11 "hold" and 2 "sell" ; their median PT is $100- data compiled by LSEG
As of last close, stock had risen 10.6% YTD
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