Morgan Stanley Initiates a Hold Rating on Polaris (PII)
Polaris (PII – Research Report) received a Hold rating and a $29.00 price target from Morgan Stanley analyst Stephen Grambling today. The company's shares opened today at $41.03.
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According to TipRanks, Grambling is a 4-star analyst with an average return of 5.0% and a 60.58% success rate. Grambling covers the Consumer Cyclical sector, focusing on stocks such as Marriott International, DraftKings, and Boyd Gaming.
The word on The Street in general, suggests a Hold analyst consensus rating for Polaris with a $30.88 average price target, representing a -24.74% downside. In a report released today, Bank of America Securities also maintained a Hold rating on the stock with a $43.00 price target.
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