UBS Starts Coverage of Polaris Industries at "Buy" (PII)

UBS Starts Coverage of Polaris Industries at “Buy” (PII)


UBS analysts initiated coverage of Polaris Industries Inc. (PII) with a bullish rating, saying that the visibility of special service vehicle (SSV) growth will continue to drive the all-terrain vehicle maker’s stock.

The analysts rate PII as “Buy” and see shares reaching $106. This price target suggests an 11% upside to the stock’s Monday closing price of $95.70.

Polaris Industries shares were inactive during pre-market trading on Tuesday. The stock is up 13.73% year-to-date.

The Bottom Line
Shares of Polaris Industries (PII) have a dividend yield of 1.76% based on last night’s closing price of $95.70 and the company’s annualized dividend payout of $1.68 per share.

Polaris Industries Inc. (PII) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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