The Globe and Mail reports in its Wednesday, Oct. 30, edition that TD Cowen analyst Cherilyn Radbourne has reiterated her "buy" recommendation for Brookfield Asset Management. The Globe's David Leeder writes in the Eye On Equities column that Ms. Radbourne saw her share target soar by $11 to $61 (all figures U.S.). Ms. Radbourne says in a note: "We expect solid Q3/24 results from Brookfield Asset Management and positive outlook commentary. We have increased our target price based on improving industry fundamentals, anecdotal evidence that investors are starting to look beyond 2026, and upcoming changes to Brookfield Asset's corporate structure, which should be supportive of multiple expansion." The Globe reported on Jan. 10 that Ms. Radbourne was bullish on Brookfield. She had an "action list buy" call on the stock, which was then going for $39.29. The Globe reported on May 10 that Scotia Capital analyst Mario Saric was maintaining his "sector perform" recommendation for Brookfield Asset. The shares could then be had for $39.75.
© 2025 Canjex Publishing Ltd. All rights reserved.