Morgan Stanley reinstated coverage of Brighthouse Financial (BHF) with an Underweight rating and $51 price target Although Brighthouse is taking strategic initiatives to improve earnings and capital positioning longer term, the firm believes these are still below industry leaders so it believes Brighthouse will underperform on a relative basis, the analyst tells investors.
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Read More on BHF:
- Brighthouse Financial’s Mixed Earnings Call: Growth Amid Challenges
- Brighthouse Financial price target raised to $60 from $52 at Piper Sandler
- Brighthouse Financial Reports Strong 2024 Earnings Turnaround
- Brighthouse Financial Faces Ongoing Challenges: Sell Rating Issued Amid Capital and Liquidity Concerns
- Brighthouse Financial Achieves Strong Q4 2024 Results
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