BRP Inc. price target lowered to C$86 from C$91 at Scotiabank

Scotiabank lowered the firm’s price target on BRP Inc. (DOOO) to C$86 from C$91 and keeps a Sector Perform rating on the shares. The firm lowered its price target following clarity on the company’s guidance, which included unchanged FY25 EPS guidance and “preliminary guideposts” for FY26, leading the firm to think EPS “could fall somewhere between $4.50 and $5.50,” weighted to the second half of the year.