BMO Capital Maintains Market Perform on Brookfield Asset Mgmt, Raises Price Target to $34
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Sohrab Movahedi maintains a 'Market Perform' rating on Brookfield Asset Management (NYSE:BAM) and raises the price target from $33 to $34.

August 10, 2023 | 12:59 pm
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BMO Capital maintains a 'Market Perform' rating on Brookfield Asset Management and raises the price target from $33 to $34.
The news is directly related to Brookfield Asset Management (BAM). BMO Capital's decision to maintain a 'Market Perform' rating indicates a neutral outlook for the company. However, the increase in price target from $33 to $34 suggests a slightly positive sentiment. This could potentially influence investors' decisions, but it's not a strong enough factor to significantly move the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100