BMO Capital Maintains Outperform on Brookfield Infr Partners, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Devin Dodge maintains an 'Outperform' rating on Brookfield Infrastructure Partners (BIP) but lowers the price target from $43 to $42.

September 22, 2023 | 1:38 pm
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NEUTRAL IMPACT
BMO Capital maintains an 'Outperform' rating on BIP but lowers the price target from $43 to $42.
The news is directly about BIP and is likely to influence investor sentiment. The 'Outperform' rating suggests that BMO Capital expects BIP to do better than the market average, which is positive. However, the lowering of the price target might be seen as a negative signal, potentially indicating less upside than previously expected. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100