Scotiabank Maintains Sector Outperform on Brookfield Asset Mgmt, Raises Price Target to $55.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Mario Saric has maintained a Sector Outperform rating on Brookfield Asset Management (NYSE:BAM) and raised the price target from $45.5 to $55.5.
October 30, 2024 | 7:13 pm
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Scotiabank has increased its price target for Brookfield Asset Management from $45.5 to $55.5, maintaining a Sector Outperform rating.
The increase in price target from $45.5 to $55.5 by Scotiabank suggests a positive outlook for Brookfield Asset Management. The maintained Sector Outperform rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100