Wedbush Upgrades Polaris Industries (PII) to Outperform

November 14, 2012 12:59 PM EST
Get Alerts PII Hot Sheet
Price: $69.49 +1.24%

Rating Summary:
    8 Buy, 22 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Intra-day, Wedbush upgraded Polaris Industries (NYSE: PII) from Neutral to Outperform with a price target of $100.00 (from $89.00).

The firm comments, "following mgmt visit, we have greater conviction that boosted R&D spending will deliver major new products in ORV and motorycycles that drive should strong sales by 2013."

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 $81.03 yesterday.


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