BMO Capital Maintains Outperform on Brookfield, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Sohrab Movahedi has maintained an Outperform rating on Brookfield (NYSE:BN) but has reduced the price target from $45 to $42.
November 10, 2023 | 8:03 pm
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NEGATIVE IMPACT
BMO Capital maintains an Outperform rating on Brookfield but lowers the price target from $45 to $42.
The reduction in price target by BMO Capital could lead to a negative perception among investors, potentially causing a short-term dip in Brookfield's stock price. However, the Outperform rating suggests that the overall outlook remains positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100