The Globe and Mail reports in its Wednesday, Jan. 28, edition that TD Cowen analyst Cherilyn Radbourne has reaffirmed her "buy" recommendation for Brookfield Asset Management. The Globe's David Leeder writes in the Eye On Equities column that Ms. Radbourne cut her share target to $75 from $74 (all figures U.S.). Analysts on average target the shares at $63.80. Ms. Radbourne says Brookfield "offers important defensive characteristics versus peers." Ms. Radbourne says in a note: "Brookfield's distributable earnings is 100-per-cent free-related earnings [FRE], with very minor exposure to capital markets/transaction-related revenue and no expectation of carry until 2030. Brookfield's real asset focus also tends to be less sensitive to the public markets, because real assets are usually highly contracted/regulated, which supports more durable valuations/liquidity through the cycle and much less reliance on IPOs as an exit vehicle. Brookfield expects record fundraising in 2025 and 2026. 2025 fundraising was largely driven by complementary strategies, but 2026 should benefit from first closes on three large flagship funds, all of which we see as potential catalysts. The inaugural AI fund should hold a first close in Q1/26."