KeyBanc analyst Noah Zatzkin took over coverage of Polaris with an Overweight rating and $125 price target. The analyst thinks the combination of planned new products, "OK early season anecdotes," and Polaris’ margin opportunity creates a more visible path to backstopping the company’s earnings in the near-term. The firm says the company’s history, new capital priorities, and secular tailwinds underpins its positive view.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on PII:
- Polaris price target lowered to $100 from $105 at Truist
- B. Riley ‘defending’ RumbleOn after Polaris Xchange launch
- Polaris price target raised to $115 from $108 at RBC Capital
- Shyft Group announces Kermisch joined the company’s board of directors
- Allied Motion downgraded to Market Perform from Outperform at Northland
