Citi analyst James Hardiman lowered the firm’s price target on Polaris to $96 from $97 and keeps a Neutral rating on the shares. The company reported a big miss and guide down, the analyst tells investors in a research note. However, the firm sees limited downside to shares from here, with its base case implying modest upside over the next twelve months.
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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