Polaris price target raised to $57 from $54 at Roth Capital

Roth Capital raised the firm’s price target on Polaris (PII) to $57 from $54 and keeps a Neutral rating on the shares after the company’s Q3 earnings beat. Retail trends have stabilized in recent months and dealer inventories have returned to healthier levels, but the firm remains mindful of incremental elasticity concerns as tariffs are passed through to the consumer across all end markets, the analyst tells investors in a research note.