Baird lowered the firm’s price target on Polaris (PII) to $56 from $64 and keeps an Outperform rating on the shares. The firm updated its model following the Yellowstone Capital Markets event.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PII:
- Polaris Faces Industry Recession with Strategic Initiatives Amidst Hold Rating
- Polaris sees Powersports industry 8% lower than pre-Covid averages
- Polaris promotes Matt Winings to SVP, general counsel
- Polaris increases quarterly dividend 2% to 67c per share
- Polaris price target lowered to $60 from $69 at DA Davidson