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BRP Inc. price target lowered to C$65 from C$98 at Raymond James

BRP Inc. price target lowered to C$65 from C$98 at Raymond James

Raymond James analyst Joseph Altobello lowered the firm’s price target on BRP Inc. (DOOO) to C$65 from C$98 and keeps a Strong Buy rating on the shares. The company’s numerous idiosyncratic growth opportunities, as well as its track record of superior execution, should enable it to successfully navigate the current challenging retail and tariff environment, the analyst tells investors in a research note. Additionally, valuation appears attractive, the firm says.

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