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Enter Symbol:
Rating: PII
Neutral $93

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

Friday,  Dec 18, 2015  4:25 PM ET by Dave Ficere

UBS downgraded Polaris Industries Inc. (NYSE: PII) to Neutral with price
target $93. Previously UBS rated Buy with price target $146 Polaris Industries Inc. (NYSE: PII) on 01/29/2014, when the stock price was $125.69.

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.

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