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National Bank Lowers BRP Target to $61 in Q1 Preview
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National Bank Lowers BRP Target to $61 in Q1 Preview
May 26, 2025 8:54 AM

01:54 PM EDT, 05/15/2025 (MT Newswires) -- In its preview of BRP's upcoming fiscal first-quarter results, National Bank has cut its target on the company by $4, to $61, but kept its Sector Perform rating.

Much of the tariff risk for BRP has been alleviated for now given that the company's units are USMCA-compliant, although the risk remains of a change in U.S. policy in the future, analyst Cameron Doerksen writes. "Our bigger concern now is the ongoing downturn for the powersports industry, which looks set to persist for longer."

Price: 51.31, Change: -0.49, Percent Change: -0.95

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