Scotiabank Maintains Sector Outperform on Brookfield, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Mario Saric has maintained a Sector Outperform rating on Brookfield (NYSE:BN) and raised the price target from $51.25 to $65.
October 30, 2024 | 7:14 pm
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Scotiabank has increased its price target for Brookfield from $51.25 to $65, maintaining a Sector Outperform rating, indicating positive expectations for the stock.
The increase in price target from $51.25 to $65 by Scotiabank suggests a strong positive outlook for Brookfield. The maintained Sector Outperform rating indicates that the analyst expects the stock to perform better than its peers, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100