Brookfield Asset Management price target lowered to $74 from $76 at RBC Capital

RBC Capital lowered the firm’s price target on Brookfield Asset Management (BAM) to $74 from $76 and keeps an Outperform rating on the shares as part of its broader research note previewing 2026 across North American Diversified Financials. Brookfield Asset Management is an asset-light, pure-play alternative asset manager operating at scale and poised to benefit from secular trends favoring alternative asset managers, particularly larger asset managers as LPs consolidated relationships, the analyst tells investors in a research note.