The Globe and Mail reports in its Friday edition that National Bank Financial analyst Patrick Kenny has elevated his recommendation for Brookfield Infrastructure Partners to "outperform" from "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Kenny tweaked his unit target ahead by a buck to $35 (all figures U.S.). Analysts on average target the units at $40. Mr. Kenny says in a note: "Brookfield's investment strategy remains underpinned by three key themes, including digitalization, decarbonization and deglobalization. Meanwhile, with accelerated growth targeting AI infrastructure/data centres, Brookfield is pursuing seven AI factories across the world with 6 GW of capacity and an expected capital cost of $200-billion; the company views 1.0 GW of capacity representing $30-million to $50-billion of capital to be near-term opportunities while expanding its AI infrastructure business, deploying $500-million annually. Meanwhile, the company's capital recycling plan remains on track with $2.8-billion of divestitures secured year-to-date, and line of sight towards $3-billion of divestitures over the next 12-18 months to help internally fund the unsized Data segment organic capex profile."