Polaris Industries (PII): 3Q Guidance Looks Achievable - Wedbush

August 8, 2016 8:14 AM EDT
Get Alerts PII Hot Sheet
Price: $87.48 +1.34%

Rating Summary:
    6 Buy, 16 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 17 | New: 13
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Wedbush analyst, James Hardiman, reiterated his Neutral rating on shares of Polaris Industries (NYSE: PII) but thinks the 3Q implied guidance appears to be achievable or even beatable. He does not see a turnaround for the company however, noting that the FY16 guidance assumes a much cleaner channel by 4Q. That is where he thinks the bets are likely to be made in either direction.

No change to the price target of $88.

For an analyst ratings summary and ratings history on Polaris Industries click here. For more ratings news on Polaris Industries click here.

Shares of Polaris Industries closed at $95.26 yesterday.

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