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Fly News Breaks for June 16, 2016
ACAT
Jun 16, 2016 | 09:33 EDT
Northcoast analyst Seth Woolf downgraded Arctic Cat to Neutral saying the Off-Road Vehicle retail environment has slowed in April and May, which creates a less-than-ideal backdrop for the company to execute against its long-term plan. Woolfe said dealers could become incrementally more hesitant to add inventory especially if they feel that if will not translate into profitable sales.
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