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Fly News Breaks for April 27, 2017
PII
Apr 27, 2017 | 09:29 EDT
BMO Capital analyst Gerrick Johnson believes that Polaris' Q1 results indicate that its North American ORV business is improving. The analyst views the company's 2017 full-year guidance and its guidance for a slight drop in ORV sales as conservative. The analyst is "mildly encouraged" by the company's results and comments. He keeps a $54 price target and an Outperform rating on the shares.
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