Credit Suisse Maintains Outperform on Brookfield, Lowers Price Target to $41
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Andrew Kuske has maintained an 'Outperform' rating on Brookfield (NYSE:BN) but lowered the price target from $42 to $41.
August 31, 2023 | 11:53 am
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Brookfield's price target has been lowered from $42 to $41 by Credit Suisse, though the 'Outperform' rating is maintained.
While the lowering of the price target might suggest a slightly less optimistic outlook, the maintenance of the 'Outperform' rating indicates that Credit Suisse still expects Brookfield to outperform the market. This could have a neutral impact on the stock's price in the short term.
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