RBC Capital cut its price target on Polaris after the company lowered its fiscal 2015 EPS outlook and provided 2016 guidance that the firm views as "tepid." The firm says it underestimated the weakness in the company's off-road vehicles market and may have overestimated the strength of its motorcycles business. RBC does not expect the stock to do well in the near-term, but it thinks a lot of the bad news is priced into the shares, and it expects the company to launch an aggressive share buyback initiative. RBC keeps an Outperform rating on the stock.