National Bank Financial Inc Maintains Outperform on BRP, Lowers Price Target to C$105
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Cameron Doerksen maintains an Outperform rating on BRP (DOOO) but lowers the price target from C$107 to C$105.
March 19, 2024 | 3:42 pm
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NEUTRAL IMPACT
BRP's Outperform rating is maintained by National Bank Financial, though the price target is reduced from C$107 to C$105.
The maintenance of an Outperform rating suggests a positive outlook on BRP's performance, but the reduction in price target could indicate a slight adjustment in expectations regarding the company's future stock price. This mixed signal might lead to a neutral short-term impact on BRP's stock price as investors digest both the continued confidence and the adjusted price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90