Brookfield Asset Management Reaches Analyst Target Price
April 22, 2021 at 09:34 AM EDT
In recent trading, shares of Brookfield Asset Management Inc (BAM) have crossed above the average analyst 12-month target price of $44.94, changing hands for $45.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..