Brookfield Asset Management Ltd. (BAM:CA) TD Securities Trims Target Forecast

Brookfield Asset Management (BAM:CA)

Analyst Update

TD Securities recently trimmed its 12 month price target to $75.00 from $76.00 per share while maintaining their “Buy” rating, reflecting a fine-tuning of valuation assumptions rather than a shift in fundamental conviction. The adjustments largely incorporate more conservative near-term market assumptions, including updated discount rates and a tempered outlook for asset monetization timing across private markets.

Analysts highlighted that Brookfield’s core strengths remain intact, including its globally diversified platform, long-duration fee-bearing capital, and strong fundraising momentum across infrastructure, renewable power, private equity, and credit strategies. The firm also emphasized Brookfield’s ability to generate resilient fee-related earnings and recycle capital opportunistically, even in uneven market conditions.

While near-term market volatility and valuation sensitivity across alternative assets warrant a measured approach, TD continues to view Brookfield as well-positioned for long-term value creation, supported by scale, operating expertise, and secular demand for private capital solutions. The maintained Buy ratings signal confidence that BAM can continue to compound earnings and deliver attractive returns as market conditions normalize.

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