BMO Capital Maintains Market Perform on Polaris, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Tristan Thomas-Martin has maintained a Market Perform rating on Polaris (NYSE:PII) but has reduced the price target from $100 to $95.
January 31, 2024 | 5:39 pm
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BMO Capital has maintained a Market Perform rating on Polaris but lowered the price target from $100 to $95, indicating a potential limited upside or a cautious view on the stock's valuation.
The reduction in price target by BMO Capital suggests a more conservative valuation of Polaris, which could lead to a tempered investor response. However, since the rating was not downgraded, the immediate impact on the stock price may be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100