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Tuesday’s analyst upgrades and downgrades

News Snapshot:

Inside the Market’s roundup of some of today’s key analyst actions D.A. Davidson analyst Brandon Rolle upgraded BRP Inc. (DOO-T) on Tuesday after a recent North American off-road vehicle checks revealed the Valcourt, Que.-based manufacturer continues to gain market share. Also citing “more effective” promotional activity compared to its competition and dealer feedback that indicated used vehicles and China’s CFMoto are “less of a threat to BRP” versus other manufacturers, he moved his recommendation to “buy” from “neutral” previously. “From conversations with our NA ORV dealer contacts, we estimate BRP’s May ORV retail sales were up a high-teens percentage, outpacing…

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