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Benzinga

Business

Shivani Kumaresan

Raymond James Remains Bullish On This Vehicle Manufacturer - Read Why

Raymond James BRP BRP Inc Nasdaq

Raymond James analyst Joseph Altobello raised the price target on BRP Inc (NASDAQ:DOOO) to C$146 from C$137 and kept a Strong Buy rating on the shares.
The analyst notes BRP's growth opportunities like side-by-side vehicle (SSV) market share gains should help avoid a slowdown in demand.
Also See: BRP's Q4 Earnings
Price Action: DOOO shares closed higher by 9.94% at $77.83 on Friday.

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