RBC Capital Maintains Outperform on BRP, Lowers Price Target to C$110
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sabahat Khan has maintained an Outperform rating on BRP (TSX:DOO) but has reduced the price target from C$147 to C$110.
December 01, 2023 | 4:00 pm
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RBC Capital analyst reaffirms Outperform rating on BRP but lowers price target from C$147 to C$110, indicating a potential decrease in stock valuation.
The reduction in price target by RBC Capital, despite maintaining an Outperform rating, suggests that the analyst sees less upside potential for BRP's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock's valuation.
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