Morgan Stanley raised the firm’s price target on Brookfield Corp. (BN) to $66 from $61 and keeps an Overweight rating on the shares. Following Q1 results, the firm raised its 2025 EPS estimate 3% to $3.68 and its 2026 EPS forecast 1% to $4.52.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BN:
- Pershing Square takes new stake in Uber, converts Nike position to options
- Third Point takes new stakes in Kenvue and Nvidia, exits Meta and Tesla
- Pershing Square takes new stake in Uber, exits Nike
- Brookfield Corporation Reports Q1 2025 Financial Results Amid Revenue Decline
- Brookfield Corp. price target raised to $69 from $68 at Scotiabank