Scotiabank Maintains Sector Outperform on Brookfield Asset Mgmt, Lowers Price Target to $45.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Mario Saric maintains a Sector Outperform rating on Brookfield Asset Management (NYSE:BAM) but lowers the price target from $46 to $45.5.
August 08, 2024 | 7:28 pm
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Scotiabank analyst Mario Saric maintains a Sector Outperform rating on Brookfield Asset Management (NYSE:BAM) but lowers the price target from $46 to $45.5.
The maintained Sector Outperform rating suggests continued confidence in Brookfield Asset Management's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100