The Globe and Mail reports in its Wednesday, July 8, edition that Credit Suisse is bullish on Brookfield Infrastructure Partners LP ($56.82 (Canadian)) (all figures U.S. unless otherwise stated). The Globe's Ahmad Hathout writes in the Eye On Equities column that Credit Suisse has boosted Brookfield to "outperform" from "neutral." It added $6 to its target price, bringing it to $52. The rating change came after Credit Suisse assessed Brookfield's proposed acquisition of Australian freight operator Asciano Ltd. Credit Suisse analyst Andrew Kuske says: "We foresee distribution growth from a successful BIP deal for AIO that could generate more than $5 per unit of incremental value. ... The Brookfield Group continues to be positioned with many M&A opportunities and we view BIP facing transformational potential transactions in Brazil. An important issue is Brookfield's funding flexibility from Brookfield Asset Management's private funds business and the underlying public LPs." Mr. Kuske says, "We believe BIP's core asset base provides an attractive amount of growth, but a robust M&A pipeline looks to be coming to fruition and can drive further rerating potential."