Brookfield Infrastructure: Hold Rating Amid Mixed Performance and Market Challenges

Morgan Stanley analyst Robert Kad maintained a Hold rating on Brookfield Infrastructure, setting a price target of $41.00. The rating reflects mixed performance, with positive results in the Utilities segment offset by increased borrowing costs and asset sales in other segments. Jefferies also downgraded the stock to Hold with a $37.00 target. Over the past six months, BIP's price increased by 11.31%, from $31.640 to $35.220, indicating growth prospects but also potential risks.