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Fly News Breaks for January 31, 2018
PII
Jan 31, 2018 | 08:45 EDT
RBC Capital analyst Joseph Spak lowered his price target on Polaris Industries to $113, saying his recent upgrade to Sector Perform was "a bit early". Spak notes slower retail trends in Q4 and disappointing 2018 outlook by the company. The analyst also sees visibility for Polaris Industries as "limited", adding that while the valuation on the stock appears fair, the risks are skewed more to the downside.
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