Wells Fargo Initiates Arctic Cat At Market Perform

Analysts at Wells Fargo initiated coverage on shares of Arctic Cat Inc. ACAT with a Market Perform rating. Arctic Cat shares have dropped 40.37% over the past 52 weeks, while the S&P 500 index has gained 13.04% in the same period. Arctic Cat's shares rose 3.80% to close at $33.62 yesterday.