Arctic Cat pullback a buying opportunity, says BMO Capital BMO Capital said the pullback in Arctic Cat is a buying opportunity and that fears of a slowdown in the ORV business are misplaced. Shares are Outperform rated with a $50 price target.
Arctic Cat downgraded to Hold from Buy at Feltl Feltl downgraded Arctic Cat following the mixed Q3 report citing foreign currency pressure, high dealer inventory, international weakness, and a difficult snow year to date. Price target lowered to $29 from $37. Note Raymond James and Baird both upgraded shares this morning.