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Corebridge price target raised to $37 from $35 at Wells Fargo

Wells Fargo raised the firm’s price target on Corebridge (CRBG) to $37 from $35 and keeps an Overweight rating on the shares. The firm notes shares traded up on better-than-expected spread income in the quarter, which more than overshadowed macro sensitivity and weaker Q2 guide on alts.

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