
Polaris Analysts Boost Their Forecasts After Better-Than-Expected Q2 Earnings

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Polaris Inc reported better-than-expected Q2 earnings, with adjusted earnings of 40 cents per share, surpassing estimates of a loss. Quarterly sales reached $1.852 billion, exceeding expectations of $1.720 billion. The company forecasts Q3 sales between $1.600 billion and $1.800 billion. Following the earnings report, Polaris shares rose 7.8% to $53.32. Analysts have adjusted their price targets, with Baird raising it to $55, RBC Capital to $56, and MO Capital to $52, while maintaining their ratings.
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