Brookfield Infrastructure Partners resumed with a Buy at Jefferies

Jefferies resumed coverage of Brookfield Infrastructure Partners (BIP) with a Buy rating and $35 price target The company remains a “unique beast” with its global footprint across Transport, Utilities, Midstream, and Data, even though its year-to-date acquisitions have been US-focused and while its capital recycling has continued to progress, the analyst tells investors in a research note. The stock has stagnated over the last few years, but next month’s Investor Day provides Brookfield an opportunity to help the market better grasp 2025’s transactions, the firm added.