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Fly News Breaks for April 5, 2016
PII
Apr 5, 2016 | 08:31 EDT
Longbow analyst David MacGregor's most recent Polaris dealer survey reveals flat sales trends in ORVs with weakness in snowmobiles and strength in Indian. Dealers identified Polaris as the most promotional Q1 manufacturer, but still likely lost share to Japanese competition, the analyst said. MacGregor expects Neutral rated Polaris to deliver above-consensus Q1 earnings due to low expectations but said the recent run-up in shares lacks fundamental support.
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