Citigroup Maintains Buy on BRP, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst James Hardiman maintains a Buy rating on BRP (NASDAQ:DOOO) but lowers the price target from $80 to $75.
September 09, 2024 | 3:26 pm
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Citigroup's analyst James Hardiman maintains a Buy rating on BRP but lowers the price target from $80 to $75, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in BRP's performance, but the lowered price target reflects a slightly reduced expectation for its stock price. This could lead to a neutral short-term impact as the positive Buy rating balances the negative of a lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100