Morgan Stanley Maintains Overweight on MetLife, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Overweight rating on MetLife (NYSE:MET) but lowers the price target from $80 to $78.
June 02, 2023 | 11:57 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on MetLife, but lowers the price target from $80 to $78.
Morgan Stanley's decision to maintain an Overweight rating on MetLife indicates a positive outlook for the stock. However, the lowering of the price target from $80 to $78 suggests a slightly reduced growth potential. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100