RBC Capital Maintains Outperform on Brookfield, Lowers Price Target to C$50
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Geoffrey Kwan has maintained an 'Outperform' rating on Brookfield (TSX:BN), but lowered the price target from C$52 to C$50.
August 14, 2023 | 2:23 pm
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RBC Capital has maintained an 'Outperform' rating on Brookfield but lowered the price target from C$52 to C$50.
The news is directly about Brookfield and is likely to impact its stock price. While the 'Outperform' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, potentially leading to mixed reactions in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100