Brookfield Asset Management price target lowered to $60 from $67 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Brookfield Asset Management (BAM) to $60 from $67 and keeps a Buy rating on the shares. Goldman Sachs is broadly positive on its Capital Markets coverage into 2026, with Alternative and Traditional managers presenting the most compelling upside, followed by Brokers and Trust Banks, the analyst tells investors in a research note. The firm expects Capital Markets recovery to gain steam across M&A and Equity Capital Markets.