MetLife price target lowered to $100 from $104 at BofA

BofA analyst Joshua Shanker lowered the firm’s price target on MetLife (MET) to $100 from $104 and keeps a Buy rating on the shares after one-time item in Latin America drove a Q3 EPS miss. Following the report, the firm lowered its forward EPS forecasts modestly due to lower share repurchases during the quarter and in its forecasts, the analyst noted.