I concede the stock has been downgraded but analysts are always looking in their rear view mirror when making their decisions. When times are good, they fall over each other trying to find new adjectives to describe just how wonderful things are. This has been the case with the internet and housing boom. Conversely when times are bad they all act overly snake bitten and cautious.
Thor has no debt and weak competitors. There is a high probability they will scoop market share during this challenging period and emerge a stronger company.