CIBC analyst Nik Priebe initiated coverage of Brookfield Asset Management with an Outperformer rating and $37 price target, citing the company’s "high-teens growth trajectory, a capital-light model, a debt-free capital structure, healthy margins, an attractive composition of earnings, and impressive ESG credentials." The analyst sees Brookfield Asset Management among the best earnings compounders in the Canadian financials sector.
Published first on TheFly
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