Polaris Industries (PII) PT Lowered to $98 at Wedbush

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Polaris Industries (PII) PT Lowered to $96 at RBC Capital

October 17, 2018 7:56 AM EDT

RBC Capital analyst Joseph Spak lowered the price target on Polaris Industries (NYSE: PII) to $96.00 (from $108.00) while maintaining a Sector Perform rating ahead of Q3 results.

Spak said while NA ORV retail trends remained largely healthy in 3Q18, tariffs will weigh on 2019 and consensus estimates look too high.

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