Stock Alert: Polaris Touches New 52-week High

Shares of Polaris Inc. (PII), a manufacturer of power sports vehicles including off-road vehicles, are rising more than 5 percent or $5.73 in Wednesday’s morning trade at $118.94, after hitting a new 52-week high of $119.31.

According to reports, BMO Capital Markets has raised Polaris Industries to an ‘Outperform’ rating from ‘Market Perform’, with a revised price target of $136.

Polaris traded in a range of $37.35 to $119.31 in the past 52 weeks.

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