Polaris Industries should be bought at current levels, says Wells Fargo After conducting checks, Wells Fargo believes that Polaris continues to gain share in off-road vehicles while making strides with its Indian motorcycle ramp. The firm keeps an Outperform rating on the stock.
Polaris Industries upgraded at RBC Capital As noted earlier, RBC Capital upgraded Polaris to Outperform from Sector Perform. After meeting with the company's management, the firm says that issues with Spirit Lake appear to be "under control," increasing its confidence in the company's 2016 motorcycle sales. The firm is now more convinced that the company's gross margin can rise in 2016. It also cited valuation as a reason for the upgrade. Target $158.