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Fly News Breaks for February 11, 2020
BIP
Feb 11, 2020 | 06:50 EDT
BMO Capital analyst Devin Dodge raised his price target on Brookfield Infrastructure to $60 and kept his Outperform rating after its Q4 FFO results, with the performance of its operating divisions coming "in-line" and with its corporate costs lower than expected. The analyst is positive on the "robust fundamentals" of Brookfield's business and its "active" new deal pipeline, with "capital recycling" replenishing its liquidity position.
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