RBC Capital Maintains Outperform on BRP, Lowers Price Target to C$99
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sabahat Khan maintains an Outperform rating on BRP Inc. (TSX:DOO) but lowers the price target from C$108 to C$99.
September 09, 2024 | 1:15 pm
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NEUTRAL IMPACT
RBC Capital has maintained its Outperform rating on BRP Inc. but has lowered the price target from C$108 to C$99, indicating a more cautious outlook.
The maintenance of the Outperform rating suggests continued confidence in BRP's performance, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80