Citi ups Polaris target, opens ‘positive catalyst watch’

Citi raised the firm’s price target on Polaris to $130 from $108 and keeps a Neutral rating on the shares. The analyst also opened a “30-day positive catalyst watch” on the shares. The firm expects a Q2 beat given the combination of retail swinging to positive territory, the continuation of strong shipments throughout the quarter, and the relative outperformance of higher end product versus lower end product.