Brookfield Business Partners price target raised to $33 from $32 at Scotiabank

Scotiabank analyst Phil Hardie raised the firm’s price target on Brookfield Business Partners (BBU) to $33 from $32 and keeps an Outperform rating on the shares. The firm views Brookfield as an “attractive value play” with its wide NAV discount already reflecting a high degree of risk, the analyst tells investors.