RBC Capital Maintains Outperform on Brookfield, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Geoffrey Kwan has maintained an Outperform rating on Brookfield (NYSE:BN) and increased the price target from $52 to $53.
February 12, 2024 | 3:40 pm
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RBC Capital has maintained an Outperform rating on Brookfield and raised the price target from $52 to $53.
The maintenance of an Outperform rating combined with an increase in the price target by a reputable analyst like Geoffrey Kwan suggests a positive outlook on Brookfield's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100