Scotiabank lowered the firm’s price target on Brookfield Business Partners (BBU) to $29 from $33 and keeps an Outperform rating on the shares. Near term stock performance in the Diversified Financial sector is expected to continue to be impacted by shifts in “investor risk appetite” and continues to recommend a barbell approach to the sector by balancing quality defensive with attractive value opportunities, the analyst tells investors. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on BBU: Disclaimer & DisclosureReport an Issue Brookfield Completes Acquisition of Chemelex from nVent Brookfield Business Partners Completes 2024 Annual Filings Brookfield Business Partners Sells Shuttle Tanker Operation for $484 Million View Comments
Brookfield Business Partners price target lowered to $29 from $33 at Scotiabank
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