Polaris shares are trading lower after multiple firms lowered their respective price target on the stock. The stock may be moving on continued weakness after the company on Tuesday reported worse-than-expected Q2 financial results and cut its guidance.
Portfolio Pulse from Benzinga Newsdesk
Polaris shares are trading lower after multiple firms lowered their price targets on the stock. The decline follows the company's worse-than-expected Q2 financial results and a cut in its guidance.
July 24, 2024 | 7:19 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Polaris shares are experiencing a decline due to multiple firms lowering their price targets. This follows the company's disappointing Q2 financial results and a reduction in its guidance.
The combination of worse-than-expected Q2 financial results and a cut in guidance has led multiple firms to lower their price targets for Polaris. This has resulted in a decline in the stock price, indicating a negative short-term impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100