As previously reported, BMO Capital analyst Gerrick Johnson downgraded Thor Industries to Market Perform from Outperform and lowered his price target to $62 from $78. The analyst cites the few details provided in its Erwin Hymer acquisition, which closed on Friday, around its financial performance or forecasts, particularly given the reports of "accounting irregularities" that surfaced in its North America division. The analyst adds that he is concerned about the RV industry book coming to an end after further expected growth in 2019, pointing to the $2.6B in debt that Thor Industries will incur from the transaction.