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Why Did Thor Industries (THO) Soar 4.58% Pre-Market?
Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 4:51 am ET1min read
On April 8, 2025,
(THO) saw a significant rise of 4.58% in pre-market trading, indicating a strong start to the day for the company's stock.Thor Industries has been recognized for its strong performance, scoring higher than 94% of companies evaluated by MarketBeat and ranking 18th out of 100 stocks in the construction sector. This high ranking reflects the company's robust market position and investor confidence.
Citigroup recently adjusted its rating for Thor Industries, lowering it from a "buy" to a "neutral" rating and reducing the target price from $94.00 to $86.00. This change in rating suggests a more cautious outlook on the stock's near-term performance, potentially influencing investor sentiment.
Thor Industries is set to go ex-dividend on April 8, 2025. Shareholders of record on this date will receive a dividend of $0.50 per share, providing a steady income stream for investors holding the stock.
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