Citi Reiterates Hold and PT of $44 on Thor Industries

Citi reiterated its Hold rating on Thor Industries (NYSE: THO). At the same time, Citi left its price target on the company's stock unchanged at $44 in spite of an upward revision in Thor's earnings per share estimates forecasts.

In a research report published today, Citi states, "Given updated trends, we're raising our '11-‘13 EPS by 2c each. We're maintaining our target price."

On Wednesday, Thor closed the day at $30.20.