Raymond James Maintains Strong Buy on BRP, Lowers Price Target to C$124
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Joseph Altobello maintains a Strong Buy rating on BRP (TSX:DOO) but lowers the price target from C$139 to C$124.
June 02, 2023 | 11:33 am
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POSITIVE IMPACT
Raymond James maintains a Strong Buy rating on BRP (DOOO) and lowers the price target from C$139 to C$124.
Raymond James' Strong Buy rating on BRP (DOOO) indicates a positive outlook for the stock. However, the lowered price target from C$139 to C$124 suggests a slightly reduced growth potential. This news is highly relevant and important for investors in BRP, as it directly affects their investment decisions. The confidence in this analysis is high, as it is based on the opinion of a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100