Polaris price target lowered to $69 from $87 at DA Davidson

DA Davidson lowered the company’s price target on Polaris (PII) from $87 to $69 and maintains a Buy rating on the stock. Company’s evidence on off-highway vehicle (ORV) retail trends suggests Q4 has been “challenging” and As company earnings approach, DA Davidson anticipates FY25 earnings guidance under consensus, creating an unattractive setup at the start of the release, the analyst told investors. study note.

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