Brookfield Asset Management shares are trading higher after BMO Capital maintained a Market Perform rating on the stock and raised its price target from $33 to $34.
Portfolio Pulse from Benzinga Newsdesk
Brookfield Asset Management's stock is trading higher following BMO Capital's decision to maintain a Market Perform rating on the stock and increase its price target from $33 to $34.
August 10, 2023 | 2:45 pm
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POSITIVE IMPACT
Brookfield Asset Management's stock price is likely to experience a positive short-term impact due to BMO Capital's maintained Market Perform rating and increased price target.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, BMO Capital's decision to maintain a Market Perform rating and raise its price target for Brookfield Asset Management is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100