Polaris price target raised to $115 from $108 at RBC Capital

RBC Capital analyst Sabahat Khan raised the firm’s price target on Polaris to $115 from $108 but keeps a Sector Perform rating on the shares. The company offers a leading market share position across its core markets, which stems from its rich legacy of innovation, the analyst tells investors in a research note. The firm adds however that the risk/reward is fairly balanced at the current share price for Polaris.