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BRP Inc. initiated with a Buy at Loop Capital

Loop Capital last night initiated coverage of BRP Inc. (DOOO) with a Buy rating and C$108 price target The firm views view BRP as the “name to own” in the North America off-road vehicle industry given the company’s “strong” market share gains over the past 10 years driven by innovation. The company is positioned to return to a profitable, organic market share growth story in fiscal 2027, the analyst tells investors in a research note.

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