Q: Hi
I'm confused. I have chosen two of several alerts I received on DOO.
TD: Analyst Brian Morrison lowered his price target on shares of the Canadian recreational vehicle manufacturer to $100 from $135 following its Q1 results for fiscal 2024 on Thursday. "It is our view that management is excelling at items within its control in a challenging environment, but that macroeconomic headwinds may linger and potentially intensify, thereby clouding earnings visibility," Morrison said in a note to clients.
National Bank is maintianing its Outperform rating and $143 price target. "We concede that BRP shares could remain in check due to ongoing economic uncertainty, but we believe that BRP will continue to gain market share in the coming years as it aggressively invests in new products."
Hold or Sell?
Carl
I'm confused. I have chosen two of several alerts I received on DOO.
TD: Analyst Brian Morrison lowered his price target on shares of the Canadian recreational vehicle manufacturer to $100 from $135 following its Q1 results for fiscal 2024 on Thursday. "It is our view that management is excelling at items within its control in a challenging environment, but that macroeconomic headwinds may linger and potentially intensify, thereby clouding earnings visibility," Morrison said in a note to clients.
National Bank is maintianing its Outperform rating and $143 price target. "We concede that BRP shares could remain in check due to ongoing economic uncertainty, but we believe that BRP will continue to gain market share in the coming years as it aggressively invests in new products."
Hold or Sell?
Carl