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Fly News Breaks for December 23, 2015
PII, ACAT
Dec 23, 2015 | 07:32 EDT
KeyBanc cut its price target on Arctic Cat (ACAT) following Polaris' (PII) negative preannouncement. After conducting checks, the firm thinks that the off-road vehicle sector is dropping around 5% year-over-year. However, it believes that Arctic Cat is outperforming the industry and keeps an Overweight rating on the name.
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