Arctic Cat’s announcement that it will be offering a new Wildcat 1000 four-seater in February received rave reviews from Feltl and Company analyst Mark Smith.
“We believe this is a great addition to the Arctic Cat product line and further entrenches the company in the market share fight for high-end and high-performance recreational side-by-sides,” Smith writes in a research note provided to Powersports Business. “We think the MSRP [$19,599] is attractive and competitive with peers. We view this product as a great addition and will help boost sales while building customer and brand loyalty.”
Smith’s report reiterates Feltl’s “Strong Buy” rating of Arctic Cat shares.