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Analysts Offer Insights on Financial Companies: Brookfield Corporation (BN) and Bit Digital (BTBT)

Tipranks - Fri Apr 3, 6:26AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Brookfield Corporation (BN) and Bit Digital (BTBT) with bullish sentiments.

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Brookfield Corporation (BN)

In a report released today, Michael Cyprys from Morgan Stanley maintained a Buy rating on Brookfield Corporation, with a price target of $60.00. The company’s shares closed last Wednesday at $40.74, close to its 52-week low of $38.18.

According to TipRanks.com, Cyprys is a 4-star analyst with an average return of 2.5% and a 49.8% success rate. Cyprys covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., Virtus Investment Partners, and Intercontinental Exchange. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Corporation with a $56.88 average price target, representing a 38.7% upside. In a report issued on March 22, TipRanks – PerPlexity also upgraded the stock to Buy with a C$58.00 price target.

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Bit Digital (BTBT)

In a report released today, Kevin Dede from H.C. Wainwright reiterated a Buy rating on Bit Digital, with a price target of $7.00. The company’s shares closed last Wednesday at $1.38.

According to TipRanks.com, Dede is a 2-star analyst with an average return of 0.0% and a 32.1% success rate. Dede covers the Technology sector, focusing on stocks such as Exodus Movement, Inc. Class A, Applied Digital Corporation, and Core Scientific Inc. ;'>

Bit Digital has an analyst consensus of Strong Buy, with a price target consensus of $6.25.

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