The Globe and Mail reports in its Thursday edition that Citi analyst James Hardiman has elevated his recommendation for BRP to "buy" from "neutral." The Globe's David Leeder writes that Mr. Hardiman's share target soared $9 to $102. Analysts on average target the shares at $100.60. Mr. Hardiman says in a note: "BRP shares will likely follow the path of retail sales from here. However, we have a higher degree of confidence that BRP retail will remain strong from here given easier comparisons and arguably a bigger lift from new products. BRP has been seeing accelerating retail growth and market share on current product for some time, whereas earlier in the summer this was more than offset by declines in non-current units/share as the company lapped its 2024 inventory overhang. To the extent that the last couple of months has helped to bring industry inventory back in-line with historical levels, this would seem to be a favorable demand and share environment for BRP. This is before we factor in BRP's new Can-Am Defender HD11, which features a complete redesign of the decade-old platform, and has gotten positive (though early) reviews from dealers. The new Defender will clearly be a focus of the upcoming analyst day."