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Fly News Breaks for November 17, 2015
PII
Nov 17, 2015 | 07:47 EDT
As noted earlier, Wedbush downgraded Polaris to Neutral from Outperform. The firm downgraded the stock because of what it sees as the anemic growth of the company's off-road vehicle segment. The firm says that the weakness of this segment is more than offsetting stronger than expected motorcycle sales. The firm expects negative mix shifts to limit the company's margin expansion in 2016. Target to $117 from $156.
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