Polaris price target lowered to $50 from $60 at BMO Capital

BMO Capital analyst Tristan Thomas-Martin lowered the firm’s price target on Polaris (PII) to $50 from $60 and keeps a Market Perform rating on the shares. The company’s Q4 results were mostly in line, and while 2025 EPS guidance of $1.10 was pressured by factors the firm expected – including retail softness, mix headwinds, a challenged snow season, and normalization of the employee profit sharing program, the magnitude was greater than anticipated – the analyst tells investors in a research note.