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Polaris price target raised to $121 from $115 at RBC Capital

RBC Capital analyst Sabahat Khan raised the firm’s price target on Polaris to $121 from $115 and keeps a Sector Perform rating on the shares after its Q2 earnings beat. Consumer demand indicators remain healthy while dealer inventories of Polaris products remained “near optimal” levels in the quarter, the analyst tells investors in a research note.

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