Analyst Expectations for Polaris's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 8 Wall Street analysts have provided ratings for Polaris (NYSE:PII) with an average price target of $105.38, which is an implied upside from the current price of $91.25. The consensus among these analysts is largely indifferent, with 6 neutral ratings and 2 somewhat bullish. The current average price target represents a 14.53% decrease from the previous target of $123.29. Analysts typically update their ratings quarterly and may adjust their forecasts based on various company and market factors.
December 15, 2023 | 8:00 pm
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POSITIVE IMPACT
Analysts have set an average price target of $105.38 for Polaris, indicating a potential upside from the current price of $91.25. The sentiment is predominantly neutral with a downward revision in the price target by 14.53% from the previous average of $123.29.
The average price target suggests analysts believe PII has upside potential, which could lead to a positive short-term impact on the stock price. However, the reduction in the target price and the predominantly neutral sentiment may temper investor expectations, leading to a moderate impact. The importance is rated high as price targets are a significant factor in investment decisions, but not at the maximum because the ratings are mostly neutral. Confidence is strong due to the clear consensus among analysts, but not absolute as market conditions can change rapidly.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100