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Stock Market & Financial Investment News

News Breaks
July 10, 2014
07:46 EDTPIIMost concerns about Polaris Industries overblown, says BMO Capital
Noting that Polaris has dropped 9% this year, BMO Capital believes that a number of concerns, including fears of saturation in the off-road vehicle industry and increased competition, has weighed on the stock. However, the firm thinks that most macroeconomic trends are favorable for Polaris, while the off-road vehicle industry is not close to saturation and the company's brand is strong. The firm keeps a $155 price target and Outperform rating on the shares.
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