Recent update on BIP from Credit Suisse posted on the yahoo site. http://messages.finance.yahoo.com/mb/BIP
>>>Credit Suisse Reinstates BIP at Outperform
"Following a research restriction, we reinstate Brookfield Infrastructure Partners (BIP) coverage with an Outperform rating and a US$25.00 target. In the near-term, we believe three issues are critical to BIP's future prospects and share price performance:
(a) on a macro-basis, the ongoing attraction for low-beta yield related investments in a relatively benign interest rate environment;
(b) a greater appreciation of BIP's specific organic growth opportunities; and,
(c) a gradual valuation re-rating given the simplification of BIP's structure and financial reporting.
These factors along with improved trading liquidity and benefits associated with the Brookfield Asset Management relationship equate to an improved risk-reward balance."<<<
I would also like to add that the value from the BIP "steal" of PIH assets should be factorred in too :)
Recent update on BIP from Credit Suisse posted on the yahoo...
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