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Stock impact report

This TSX stock was a top gainer on the week with a 40% upside possible based on its growing market share, analyst says [Yahoo! Finance Canada]

BRP Inc. - Common Subordinate Voting Shares (DOO) 
Stock of the week: BRP Inc. Shares of BRP Inc. (DOO:TSX) closed out the week up just over nine per cent after the maker of the Sea-Doo and Ski-Doo reported earnings that featured “good progress across the board” on areas including new products, market share gains in the outdoor recreational vehicle segment and inventory sitting in a “healthy spot,” RBC Capital Markets analyst Sabahat Khan said in a note on March 26. Khan has a price target of $131 for shares of BRP, well above the 12-month consensus price target for 18 analysts of $119.84, based on Bloomberg data. Shares closed Friday at $91.83. BRP expanded its share of the North American market by approximately 12 per cent year over year and TD Cowen analyst Brian Morrison said he sees the “trend continuing based upon innovative and higher-end offerings.” Yet, “The macro environment clearly contains substantial uncertainty, but BRP is executing on its plans and we believe is well-positioned to outperform the industry, with levers t Show less Read more
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