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Polaris Industries Inc. (PII) [hlAlert]

Rating:
Neutral PII

Polaris Industries Inc. (PII) downgraded to Neutral with price target $93 by UBS

Posted on: Friday,  Dec 18, 2015  4:25 PM ET by UBS

Polaris Industries Inc. (NYSE: PII)
downgraded to Neutral with price target $93 by UBS.

Polaris Industries Inc. (Polaris) designs, engineers and manufactures all-terrain vehicles (ATVs), snowmobiles and motorcycles, and markets them, together with related replacement parts, garments and accessories (PG&A) through dealers and distributors principally located in the United States, Canada and Europe. Polaris products are sold through a network of 1,600 independent dealers in North America, and through its six subsidiaries and 43 distributors in approximately 130 countries outside of North America. Polaris sells its snowmobiles directly to dealers in the snowbelt regions of the United States and Canada. The Company markets its products principally through its affiliated motorcycle dealers, Polaris also sells its ATV’s through lawn and garden, and farm implement dealers.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2015 4:25 PM Hold
None
93.00
as of 8/27/2015
1 Week down  -0.87 %
1 Month down  -13.75 %
3 Months down  -6.65 %
1 YTD down  -10.29 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 10:25 AM Buy
None
125.69 146.00
10/4/2013 11:25 AM Buy
None
133.35 142.00
7/31/2013 1:25 PM Buy
None
111.57 121.00
7/2/2013 11:25 AM Buy
None
97.01 106.00

(*) Stock Price at the time of the recommendation.
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