Evercore ISI lowered the firm’s price target on Corebridge (CRBG) to $37 from $38 and keeps an Outperform rating on the shares. While the quarter was “solid,” EPS estimates for Q4 and 2026 have been lowered to account for anticipated Fed rate cuts, macroeconomic factors and the impact of share repurchases at current valuations, the analyst tells investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRBG:
- Corebridge Financial Reports Strong Q3 2025 Results
- Corebridge 32.6M share Spot Secondary priced at $31.10
- Corebridge Financial’s Earnings Call: Growth Amid Challenges
- Corebridge 32.6M share Spot Secondary; price range $31.10-$31.26
- Corebridge announces offering of 32.6M shares of common stock for holder AIG