Polaris Updates 2016 Full-Year Guidance
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UBS Remains Sidelined on Polaris Industries (PII) Following Updated guidance
September 13, 2016 10:05 AM EDTUBS reiterated a Neutral rating on Polaris Industries (NYSE: PII), and cut the price target to $77.00 (from $90.00), following the company's updated guidance. PII is now expecting EPS of $3.30-$3.80 for the full year, below previous guidance of $6.00-$6.30. The company's top line is now expected to come in down mid to high-single digits.
Analyst Robin Farley commented, "PII updated FY'16 earnings and... More
Wedbush Cuts Price Target on Polaris Industries (PII) Following guidance Cut
September 13, 2016 7:28 AM EDTWedbush maintained a Neutral rating on Polaris Industries (NYSE: PII), and cut the price target to $77.00 (from $88.00), following the company's guidance cut. Polaris announced on Monday, a cut to 2016 guidance, from $6.00-$6.30 to $3.30-$3.80. The starting point for 2017 earnings estimates is now $4.50-$5.00 vs. the... More
