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Brookfield Asset Management price target lowered to $66 from $70 at BofA

BofA analyst Craig Siegenthaler lowered the firm’s price target on Brookfield Asset Management (BAM) to $66 from $70 and keeps a Neutral rating on the shares. The firm reduced targets in the asset managers group as part of a Q1 preview. Macro indicators suggest a “challenging” first half of 2026, the analyst tells investors in a research note. BofA believes no companies in the group are positioned for strong Q1 results.

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