BMO slashes Thor Industries PT on weaker retail demand

BMO cuts PT on recreational vehicles manufacturer Thor Industries THO.N to $125 from $135, maintains rating at "outperform"

New PT implies an upside of 38.3% from the stock's last close

Co on Tuesday reports Q2 profit above Wall Street estimates

BMO says co's retail demand has been softer-than-xpected early in 2026, though recent weather issues make it hard to gauge the true underlying trend

Brokerage notes THO is upbeat on its reorganization and brand refresh, but weaker dealer ordering is prompting estimate cuts

Shares down nearly 1% at about $90 in morning trade

Four of 17 brokerages rate the stock "buy" or higher, twelve "hold" and one "sell"; their median PT is $112- data compiled by LSEG

Including session's moves, shares down 12.4% YTD