BMO Capital analyst Devin Dodge raised the firm’s price target on Brookfield Infrastructure Partners to $40 from $38 and keeps an Outperform rating on the shares. Brookfield Infrastructure, a top 3 idea for 2024, offers a compelling risk/reward underpinned by double-digit FFO/unit growth, attractive yield, and a robust acquisition pipeline, as well as a potential re-rating opportunity, the analyst tells investors in a research note.
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