BRP Inc. price target lowered to C$80 from C$117 at Scotiabank

Scotiabank lowered the firm’s price target on BRP Inc. (DOO) to C$80 from C$117 and keeps a Sector Perform rating on the shares after the company suspended its fiscal 2027 guidance following the recent tariff changes. BRP could offset part of the incremental costs through pricing actions and overhead cost management, the analyst tells investors in a research note. However, Scotiabank says the company’s pricing power could be limited given the challenged consumer backdrop and competitive industry environment.