5 Large-Cap Stocks Billionaires Like the Least

4. Brookfield Corporation (NYSE:BN)

Number of Billionaire Holders: 4

Founded in 1899, Toronto, Canada-based Brookfield Corporation (NYSE:BN) is an asset management company focused on direct control investments in real estate, renewable power, infrastructure, credit and private equity.

On November 9, Brookfield Corporation (NYSE:BN) released its financial results for the third quarter of 2023. Its revenue went up by 4% y-o-y to $24.4 billion and net income declined by 46% y-o-y to $230 million.

Following the earnings release, BMO Capital analyst Sohrab Movahedi lowered the firm’s price target on Brookfield Corporation (NYSE:BN) shares to $42 from $45 and maintained an ‘Outperform’ rating.