Keefe, Bruyette & Woods Reiterates Market Perform on Brookfield, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Brown has reiterated a 'Market Perform' rating on Brookfield (NYSE:BN) and raised the price target from $45 to $46.

May 10, 2024 | 12:59 pm
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Brookfield's price target has been raised from $45 to $46 by Keefe, Bruyette & Woods, maintaining a 'Market Perform' rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting a potential upside. However, the 'Market Perform' rating indicates that the stock is expected to perform in line with the market, tempering expectations for a significant short-term price movement.
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IMPORTANCE 75
RELEVANCE 100