Brookfield Asset Management Ltd. (BAM:CA) — Bank of America maintained its Neutral rating and lowered its price target to C$85.00 from C$87.00. The target change represents a 2.3% decrease. Brookfield reported record second-quarter fundraising and 20% year-over-year growth in fee-related earnings, highlighting continued demand for its alternative investment strategies. Looking ahead, analysts will be watching whether fundraising converts into recurring fee growth and profitable capital deployment. Valuation, investment realizations and the pace of institutional allocations remain important considerations despite strong operating momentum.
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