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Fly News Breaks for September 3, 2015
PII
Sep 3, 2015 | 09:34 EDT
As noted earlier, RBC Capital upgraded Polaris to Outperform from Sector Perform. After meeting with the company's management, the firm says that issues with Spirit Lake appear to be "under control," increasing its confidence in the company's 2016 motorcycle sales. The firm is now more convinced that the company's gross margin can rise in 2016. It also cited valuation as a reason for the upgrade. Target $158.
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