RBC Capital Reinstates Outperform on Brookfield Bus Partners, Announces $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Geoffrey Kwan has reinstated coverage on Brookfield Bus Partners (NYSE:BBU) with an Outperform rating and set a price target of $28.

November 13, 2023 | 10:44 am
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RBC Capital analyst Geoffrey Kwan reinstated Brookfield Bus Partners with an Outperform rating and a price target of $28, indicating a positive outlook for the stock.
Analyst ratings, especially those from reputable firms like RBC Capital, can significantly influence investor sentiment and stock prices. The reinstatement with an Outperform rating and a price target that suggests upside potential is likely to be viewed positively by the market, potentially leading to a short-term increase in BBU's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100