Raymond James double downgraded Brighthouse Financial (BHF) to Market Perform from Strong Buy without a price target The firm cites the announcement of its deal to be acquired by Aquarian for $70 per share for the downgrade. While there remains 6% upside to the takeout price from here, there are other stocks with more intermediate-term upside potential, the analyst tells investors in a research note.
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Read More on BHF:
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