Wells Fargo raised the firm’s price target on MetLife (MET) to $97 from $94 and keeps an Overweight rating on the shares ahead of quarterly results. The firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/VII/capital for life companies.
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Read More on MET:
- MetLife price target raised to $94 from $88 at Barclays
- Ameriprise price target raised to $434 from $423 at Piper Sandler
- Brighthouse Financial price target lowered to $55 from $63 at Piper Sandler
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- MetLife sees Q2 variable investment income $175M-$225M pre-tax
