Truist Securities Maintains Hold on Polaris, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lapides has maintained a 'Hold' rating on Polaris (NYSE:PII) and raised the price target from $100 to $125.
July 26, 2023 | 4:57 pm
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Polaris' price target has been raised from $100 to $125 by Truist Securities, while maintaining a 'Hold' rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase in the future. However, the 'Hold' rating suggests that the analyst does not recommend buying more of the stock at the current time, but also does not recommend selling it. This could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100