Brookfield Corporation (BN) Set for Surge as Analysts Remain Bullish

Brookfield Corporation (NYSE:BN) is among the stocks Wall Street analysts are watching closely. On November 17, Ken Worthington, an analyst at JPMorgan, reaffirmed a ‘Buy’ rating on Brookfield Corporation (NYSE:BN) with a price target of $56, suggesting an upside of around 28%. Similarly, TD Securities’ analyst Cherilyn Radbourne maintained the ‘Buy’ rating on the stock and raised the price target to $59 from $57 on November 14, according to TheFly. While the stock pulled back after reporting Q3 earnings, the analyst noted that the decline was driven by broader market weakness. He also highlighted that Brookfield continued to strengthen its competitive position in artificial intelligence-related renewable infrastructure.

In its Q3 earnings report on November 13, Brookfield Corporation (NYSE:BN) announced a revenue of $1.57 billion, meeting expectations, and an EPS before realizations of $0.56, up from $0.53 in the same quarter last year. Throughout the call, management highlighted its emphasis on growth through 2026 and beyond. The company continues to focus on AI infrastructure and opportunities in the nuclear sector.

Despite some macroeconomic risks and competitive pressures, management remains confident in the company’s ability to deploy capital effectively. CEO of Brookfield Corporation (NYSE:BN), Bruce Flatt, acknowledged the company’s strong strategic positioning, stating,

“Our portfolio is built around inflation-linked durable cash flows backed by hard assets that protect real returns.”

Brookfield Corporation (NYSE:BN) is a Canadian multi-asset manager specializing in real estate, venture capital, and private equity, among others. Founded in 1997, the company is committed to building long-term wealth.

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