Brookfield Infrastructure Partners ( NYSE: BIP ) +3% in Thursday's trading after Credit Suisse upgrades shares to Outperform from Neutral with a $49.50 price target, citing impressive third-party fundraising and ample deployments that can enhance existing organic growth.
Brookfield Infrastructure ( BIP ) is positioned to benefit from "positive potential across a variety of activities, including an abundance of prospective deployment opportunities, notably positive fundraising activities across the Brookfield Asset Management franchise with a particular focus on various infrastructure related capital," analyst Andrew Kuske writes.
"Growth dynamics in the core portfolio, selected valuation re-rates and the broader Brookfield business support looks to provide an interesting opportunity for the ongoing compounding of capital at BIP," Kuske writes.
Brookfield Infrastructure ( BIP ) is "far from expensive, has a solid long-term growth outlook, and will offer a growing income stream for its investors," Jonathan Weber writes in a bullish analysis posted recently on Seeking Alpha .
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Brookfield Infrastructure upped at Credit Suisse on 'plentiful positioning'