DA Davidson Maintains Buy on BRP, Lowers Price Target to C$96
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brandon Rolle maintains a Buy rating on BRP Inc. (TSX:DOO) but lowers the price target from C$105 to C$96.
September 10, 2024 | 1:34 pm
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NEUTRAL IMPACT
DA Davidson has maintained a Buy rating on BRP Inc. but reduced the price target from C$105 to C$96, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in BRP's performance, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100