Baird analyst Craig Kennison lowered the firm’s price target on Polaris to $110 from $115 and keeps an Outperform rating on the shares. The firm noted the company missed expectations and offered below-consensus guidance and expressed concern with channel inventory and discounting,
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PII:
- Polaris sees FY24 adjusted EPS down 10%-15%, consensus $8.87
- Polaris reports Q4 adjusted EPS $1.98, consensus $2.60
- Polaris price target lowered to $100 from $108 at RBC Capital
- Polaris price target raised to $97 from $96 at Citi
- Polaris upgraded to Overweight at Morgan Stanley on profitability upside
