Polaris price target lowered to $65 from $67 at RBC Capital

Core Viewpoint - RBC Capital has lowered the price target for Polaris (PII) to $65 from $67 while maintaining a Sector Perform rating on the shares, indicating a cautious outlook on the stock's performance [1]. Financial Performance - The company's Q4 results were described as "mixed," suggesting variability in performance metrics [1]. Inventory and Demand - Dealer inventory levels have improved, indicating a better alignment of supply with market conditions [1]. - Despite the improvement in inventory, the demand backdrop remains tepid, highlighting ongoing challenges in consumer interest or purchasing behavior [1].