JP Morgan Reinstates Neutral on Brookfield Asset Mgmt, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington has reinstated a Neutral rating on Brookfield Asset Management (NYSE:BAM) and raised the price target from $38 to $41.
May 15, 2024 | 4:15 pm
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JP Morgan has reinstated a Neutral rating on Brookfield Asset Management and raised the price target from $38 to $41. This suggests a moderate positive outlook on the stock.
The raised price target indicates a positive outlook from JP Morgan, which could lead to a short-term increase in BAM's stock price. However, the Neutral rating suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100