Brookfield Corp. upgraded to Outperform from Neutral at Credit Suisse

Credit Suisse analyst Andrew Kuske upgraded Brookfield Corp. to Outperform from Neutral with a $41 price target largely given on negative stock performance of 13.9% on month-to-date basis that underperformed several benchmarks such as 1260bps less than the S&P 500. The firm believes there are some clear issues ahead for parts of the Brookfield Group and Brookfield Corp. itself but they look to be more appropriately reflected in the current valuation.