01:18 PM EDT, 09/11/2024 (MT Newswires) -- The key message from Brookfield Asset Management's ( BAM ) 2024 Investor Day is the continued target of doubling earnings over five years but off a larger base.

BMO analyst Sohrab Movahedi adds that this target is supported by Brookfield's "increasingly wide range of investment strategies and exposure to the high-growth Credit asset class."

Movahedi also flags management's focus on creating shareholder value by making BAM's stock more easily investable.

BAM is rated Market Perform, with a US$40 target.

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