The Globe and Mail reports in its Wednesday, Nov. 22, edition that Stifel analyst Martin Landry has reaffirmed his "buy" recommendation for BRP. The Globe's David Leeder writes in the Eye On Equities column that Mr. Landry continues to target the shares at $150. Analysts on average target BRP shares at $136.11. In a small buy-side survey on sentiment surrounding BRP ahead of the Nov. 30 release of its third quarter fiscal 2024 financial result, Mr. Landry found the majority of investors are "on the sidelines irrelevant of valuation." Mr. Landry says in a note: "For deep consumer cyclical companies such as BRP, sometimes valuation parameters do not matter when investors believe we are at peak earnings. We conducted a small survey with buy-side investors and 70 per cent of the respondents believe we are at the peak of BRP's earnings cycle. In our view, this category of investors is the least likely to revisit BRP in the near-term and not focused on valuation. However, 30 per cent of respondents are more valuation focused and waiting for a better entry point. In our view, this latter category provides support to BRP's shares and could be the first category of investors to revisit BRP."