Brookfield Asset Management (BAM) PT Raised to $37 at BMO Capital
Tweet
Share
E-mail
Get Alerts BAM Hot Sheet
Price: $44.90 --0%
Rating Summary:
12 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 1 | New: 4
Rating Summary:
12 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 1 | New: 4
Join SI Premium – FREE
BMO Capital analyst Sohrab Movahedi raised the price target on Brookfield Asset Management (NYSE: BAM) to $37.00 (from $36.00) while maintaining a Market Perform rating.
The analyst commented, "Heading into late 2024, earnings growth appears set to accelerate with additional contributions from AEL insurance assets, Transition and Real Estate flagship fundraising, and margin expansion potential. We reiterate our Market Perform, seeing a balanced risk-reward considering BAM's implied 25x FRE valuation."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BAE Systems Plc (BA:LN) (BAESY) New Top Pick in EU Defence at Morgan Stanley
- NRC Health (NRC) Reiterated at Market Outperform by Citizens Ahead of Annual Forum
- DraftKings Inc. (DKNG) PT Raised to $36 at Citizens on Prediction Market Opportunity
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
BMO Capital, Earnings, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
