Goldman Sachs Maintains Buy on Brookfield Asset Mgmt, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein has maintained a Buy rating on Brookfield Asset Management (NYSE:BAM) and increased the price target from $47 to $52.
September 30, 2024 | 12:31 pm
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Goldman Sachs has reaffirmed its Buy rating for Brookfield Asset Management and increased the price target to $52, indicating confidence in the company's future performance.
The increase in price target from $47 to $52 by a major financial institution like Goldman Sachs suggests a positive outlook for Brookfield Asset Management. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100