01:06 PM EST, 02/25/2025 (MT Newswires) -- in its preview of BRP's fourth-quarter results, National Bank notes that BRP, which was already facing the prospect of another year of a downmarket for powersports, is now facing the much more significant prospect of a 25% tariff on all Mexican and Canadian imports into the U.S.
BRP is formulating a strategy for tariff mitigation, and while Cameron Doerksen suspects a 25% tariff would not be permanent; until there is more clarity, he remains on the sidelines.
Maintain Sector Perform rating. Price target lowered to $72.00, from $84.00 previously.
Price: 57.56, Change: -1.01, Percent Change: -1.72