RBC Capital Maintains Outperform on BRP, Raises Price Target to C$124
RBC Capital analyst Joseph Spak maintains BRP (TSX:DOO) with a Outperform and raises the price target from C$114 to C$124.
BRP Group Boosts FY23 Guidance Post Solid 71% Revenue Growth In Q3
BRP Group Inc (NASDAQ:BRP) reported third-quarter FY23 sales growth of 71% year-on-year to CA$2.71 billion. Revenue from year-round products gained 73.8%…
Earnings Scheduled For November 30, 2022
Companies Reporting Before The Bell
• Seadrill (NYSE:SDRL) is expected to report earnings for its third quarter.
• Build-A-Bear Workshop (NYSE:BBW) is likely to report earnings for its third quarter.
Twilio, AMTD Digital And Other Big Gainers From Wednesday
U.S. stocks closed mostly higher with the Nasdaq 100 gaining around 100 points on Wednesday. Here is the list of some big stocks recording gains in the previous session.
Fear & Greed Index Moves Back To ‘Fear’ Zone Amid Sharp Decline In US Stocks
The CNN Money Fear and Greed index moved back to the "fear" zone after the U.S. stocks recorded sharp losses on Tuesday.
According to data from the U.S. Bureau of Labor Statistics, the headline CPI rose 8.3% in August, down from 8.5% in July. The August CPI reading came in above average economist estimates of 8%.
US Stock Futures Rise After Recording Worst Sell-Off Since June 2020; PPI Data In Focus
Pre-open movers
U.S. stock futures traded higher in early pre-market trade on Wednesday after recording sharp losses on Tuesday following the release of inflation data for August. All the three major indices settled sharply lower, notching their biggest single-session percentage declines since June 2020.
BRP, Conformis And 3 Stocks To Watch Heading Into Wednesday
With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
BRP Boosts Credit Facility
BRP Inc (NASDAQ:DOOO) (TSX:DOO) has increased total available commitments under its revolving credit facility by C$400 million to reach C$1.5 billion…
Raymond James Lowers BRP Price Target As Supply Chain Snags
Raymond James analyst Joseph Altobello lowered the price target on BRP Inc (NASDAQ: DOOO) (TSX: DOO) to C$135 from C$146 and maintained a Strong Buy rating on the shares.
Recap: BRP Q1 Earnings
BRP (NASDAQ:DOOO) reported its Q1 earnings results on Friday, June 3, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
BRP beat estimated earnings by 43.96%, reporting an EPS of $1.31 versus an estimate of $0.91.