More Targets CIBC’s Mark Petrie raised his target for BRP Inc. (DOO-T) to $135 from $134 with an “outperformer” rating. Others making changes include: Canaccord Genuity’s Derek Dley to $130 from $125 with a “buy” rating and National Bank’s Cameron Doerksen to $128 from $131, maintaining an “outperform” rating. The average is $137.29.
“In our view, BRP is well positioned to capture additional market share in a growing powersports market as it continues to introduce new products and extends its reach into complementary product lines,” said Mr. Dley.