Polaris price target raised to $99 from $95 at UBS

UBS raised the firm’s price target on Polaris to $99 from $95 and keeps a Neutral rating on the shares. Polaris is guiding for retail to be down modestly in 2024, which could mean giving back the 4% increase in off-road vehicle retail in 2023, and points to economic uncertainty and peak interest rates as the biggest issues holding back demand, the analyst tells investors in a research note.