Citigroup Maintains Neutral Rating for Polaris: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Neutral rating for Polaris (NYSE:PII) but lowered its price target from $138.00 to $110.00. Polaris shares are currently trading at $107.07, up 0.46% over the last 24 hours. A move to $110.00 would represent a 2.74% increase from the current share price.
September 12, 2023 | 5:00 pm
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NEUTRAL IMPACT
Citigroup has maintained its Neutral rating for Polaris but lowered its price target. This could potentially impact the stock's performance in the short term.
The decision by Citigroup to maintain its Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the lowering of the price target could potentially lead to a decrease in investor confidence, which may impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100