Longbow Research Upgrades Polaris to Buy, Announces $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
Longbow Research analyst David Macgregor upgraded Polaris (NYSE:PII) from Neutral to Buy and set a price target of $120.
April 08, 2024 | 9:28 pm
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POSITIVE IMPACT
Polaris upgraded from Neutral to Buy by Longbow Research with a new price target of $120.
Analyst upgrades typically lead to positive short-term price movements as they reflect a positive change in the analyst's view of the company's future performance. The upgrade from Neutral to Buy suggests a strong confidence in Polaris' potential for growth or improvement. The announcement of a $120 price target further indicates a bullish outlook on the stock, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100