Deutsche Bank Maintains Hold on Brookfield Asset Mgmt, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brian Bedell has maintained a 'Hold' rating on Brookfield Asset Management (NYSE:BAM) and lowered the price target from $35 to $34.
October 11, 2023 | 10:35 am
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Deutsche Bank has maintained a 'Hold' rating on Brookfield Asset Management and lowered the price target from $35 to $34.
The news directly pertains to Brookfield Asset Management (BAM). The 'Hold' rating suggests that Deutsche Bank does not expect significant price movement in the short term. However, the lowering of the price target could potentially have a negative impact on investor sentiment, which might put some downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100