RBC Capital Maintains Outperform on Brookfield, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Geoffrey Kwan has maintained an 'Outperform' rating on Brookfield (NYSE:BN) but lowered the price target from $50 to $48.
September 14, 2023 | 1:29 pm
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Brookfield's price target has been lowered from $50 to $48 by RBC Capital, though the 'Outperform' rating is maintained.
The news is directly about Brookfield and is likely to influence investor sentiment. While the 'Outperform' rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100