Wells Fargo analyst Elyse Greenspan lowered the firm’s price target on Equitable Holdings (EQH) to $60 from $62 and keeps an Overweight rating on the shares. Into quarterly results for the insurance space, the firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/capital/guidance for life companies.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQH:
- Equitable Holdings price target lowered to $58 from $63 at Barclays
- AllianceBernstein announces Erzan as President
- Equitable Holdings upgraded to Overweight from Neutral at JPMorgan
- Equitable Holdings initiated with an Outperform at Mizuho
- Equitable Holdings price target lowered to $59 from $61 at Morgan Stanley