Brookfield Corp. price target raised to $58, named 2026 Top Pick at RBC Capital

RBC Capital raised the firm’s price target on Brookfield Corp. (BN) to $58 from $57 and keeps an Outperform rating on the shares as part of its broader research note previewing 2026 across North American Diversified Financials. The firm also names the stock its Top Pick for next year. Brookfield is among the companies that provide upside catalysts in 2026 in a favorable macro environment as well as defensive attributes in the event of macro volatility, the analyst tells investors in a research note. RBC adds that the market is still overly discounting the business despite tailwinds into 2026, most notably carried interest realizations.