The Globe and Mail reports in its Friday, May 12, edition that BMO Capital Markets analyst Sohrab Movahedi continues to rank Brookfield Asset Management "market perform." The Globe's David Leeder writes that Mr. Movahedi boosted his share target by $1 (U.S.) to $33 (U.S.). Analysts on average target the shares at $36.31 (U.S.). Mr. Movahedi says in a note: "Fundamental drivers of value remain positive for Brookfield Asset Management with positive fund flows and stable fee rates and margins. Flagship fundraising is progressing well with the launch of successor real estate, transition and credit funds set to provide a continued top-line uplift in H2/23. However, we are mindful of multiple upside to Brookfield Asset's premium valuation absent a further acceleration to fee-bearing capital growth." The Globe reported on Dec. 14 that Goldman Sachs rated Brookfield "buy" in new coverage. It was then worth $31.89 (Canadian). The Globe reported on Jan. 9 and Feb. 10 that RBC Dominion Securities analyst Geoffrey Kwan had reiterated his "outperform" call for Brookfield when it could be had for $29.78 (Canadian) and $47.09 (Canadian). In the Feb. 10 item, Mr. Kwan said Brookfield was his No. 3 best idea for 2023.