Scotiabank analyst Mario Saric raised the firm’s price target on Brookfield Asset Management (BAM) to $66 from $59 and keeps an Outperform rating on the shares. The firm remains confident the company can continue to deliver double-digit per share growth across key metrics in 2027 and believes the company is “looking good” on a PEG ratio basis, the analyst tells investors.
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Read More on BAM:
- First National rating moved to Tender from Sector Perform at National Bank
- Brookfield Asset Management initiated with an Outperform at National Bank
- Brookfield Asset price target raised to $75 from $66 at TD Securities
- Hold Rating for Brookfield Asset Management: Balanced Risk-Reward Amidst Valuation Concerns
- Starwood Property to acquire Fundamental Income Properties for $2.2B
