Polaris Inc

PII: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Polaris: Removing Firm From Best Ideas List After Shares Climb 90% Over Last Six Months

We are removing wide-moat Polaris from the Best Ideas list with the stock now approaching our fair value estimate. Although the stock still has some room to run, we think macroeconomic and geopolitical uncertainty weigh on discretionary spending patterns, limiting near-term upside.

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