Scotiabank raised the firm’s price target on Brookfield Corp. (BN) to $69 from $68 and keeps an Outperform rating on the shares. The firm believes its positive thesis is “gradually playing out” as the company takes steps to change investor perception of it to a ‘Growth stock with a cheap valuation’ instead of a ‘Value’ stock, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BN:
