Polaris price target lowered to $33 from $40 at BMO Capital

BMO Capital lowered the firm’s price target on Polaris (PII) to $33 from $40 and keeps a Market Perform rating on the shares. The company’s Q1 results were in line with Street expectations, though the management withdrew its 2025 guidance due to trade and economic uncertainty in a move that was expected by the majority of investors, the analyst tells investors in a research note. Retail remains challenged across the board as consumers grapple with ongoing economic uncertainty, BMO adds.