CIBC Raises Brookfield (BN) Price Target to $52, Maintains Outperform Rating

Core Insights - CIBC raised its price target for Brookfield Corporation (NYSE:BN) to $52 from $50.67 while maintaining an Outperform rating, indicating confidence in the company's performance [1] Financial Performance - In Q3 2025, Brookfield Corporation reported revenue of $18.9 billion, which represents a decline of over 8% compared to the same period last year [2] - Total inflows for the quarter reached $30 billion, marking the highest fundraising period in three years, with over $6 billion coming from retail and wealth clients [3] Strategic Moves - The company announced an agreement to acquire the remaining 26% stake in Oaktree, which will enhance its ownership in Oaktree's carried interest, fee-related earnings, and balance sheet investments, thereby expanding its global credit platform [2] - Brookfield Corporation returned $180 million to shareholders through dividends and share repurchases during the quarter, demonstrating a commitment to shareholder value [3]