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MetLife price target raised to $97 from $94 at Wells Fargo

Wells Fargo analyst Elyse Greenspan raised the firm’s price target on MetLife (MET) to $97 from $94 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.

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