Citi analyst James Hardiman lowered the firm’s price target on BRP Inc. (DOO) to $75 from $86 and keeps a Buy rating on the shares. Citi also added an “upside 90-day catalyst watch” on BRP. The firm believes investors will come to see the company’s $500M tariff estimate as “likely a worst-case.” BRP has multiple ways to mitigate tariffs going forward, the analyst tells investors in a research note.
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