JP Morgan Maintains Overweight on Brookfield, Lowers Price Target to $64
JP Morgan analyst Kenneth Worthington maintains Brookfield (NYSE:BN) with a Overweight and lowers the price target from $65 to $64.
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JP Morgan analyst Kenneth Worthington maintains Brookfield (NYSE:BN) with a Overweight and lowers the price target from $65 to $64.
RBC Capital analyst Bart Dziarski maintains Brookfield (NYSE:BN) with a Outperform and lowers the price target from $61 to $59.
Boralex announced the issuance of $600 million CAD in medium-term green bonds across two series with maturities in 2031 and 2036, rated BBB by Morningstar DBRS. The proceeds will finance eligible green investments and refinance existing credit facilities. This marks Boralex's first corporate green bond issuance.
Boralex Inc. announced the issuance of C$600 million in medium-term notes through private placement, comprised of C$250 million due 2031 at 4.503% and C$350 million due 2036 at 5.173%. The inaugural green-labelled offering will fund eligible renewable energy investments and repay corporate bridge credit facilities. The notes received a BBB rating with stable trend from Morningstar DBRS.
Brookfield (TSX:BN) reported quarterly earnings of $0.73 per share which beat the analyst consensus estimate of $0.72 by 1.39 percent. This is a 15.87 percent increase over earnings of $0.63 per share from the same
Brookfield Corporation is expected to report Q3 2026 results on November 12 with EPS projected to rise 14.3% year-over-year, supported by strong fundraising, higher fee-bearing capital, and demand for infrastructure investments. However, the company faces headwinds from higher interest expenses. The Zacks quantitative model does not predict an earnings beat, with BN holding a Zacks Rank #5 (Strong Sell) despite a positive Earnings ESP of +1.86%.
The author recommends Brookfield Corporation and Alphabet as long-term buy-and-hold stocks through 2035. Brookfield trades near 52-week lows despite strong earnings growth and record fundraising, while Alphabet's heavy AI infrastructure spending has pressured free cash flow but its $561 billion cloud backlog and 25% revenue growth offer significant long-term potential. Both companies are investing aggressively today to build future growth, making them attractive for investors with long time horizons.
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