Reported 1 day ago
Goldman Sachs has initiated coverage of Brookfield Corporation (NYSE:BN) with a Buy rating and a price target of C$92, citing its diverse asset portfolio in real estate, infrastructure, and renewable energy, which reduces risk and supports growth. Analyst Alexander Blostein believes the company is poised for increasing excess capital and growth in book value, driven by cash flow improvements in its Real Estate segment. Despite recognizing Brookfield's potential, the article suggests that some AI stocks may offer better upside.
Source: YAHOO