Brookfield Corp. price target raised to $52 from $49 at Scotiabank

Scotiabank raised the firm’s price target on Brookfield Corp. (BN) to $52 from $49 and keeps an Outperform rating on the shares. The firm is maintaining its rating on the stock given the discount to net asset value equal to the historical average, accelerated earnings growth is not reflected, and the constructive macro, the analyst tells investors.