Goldman Sachs Downgrades Brighthouse Finl to Sell, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott has downgraded Brighthouse Financial (NASDAQ:BHF) from Neutral to Sell and lowered the price target from $47 to $43.
September 21, 2023 | 9:00 am
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NEGATIVE IMPACT
Brighthouse Financial's stock has been downgraded to Sell by Goldman Sachs, with a lowered price target of $43.
The downgrade from Neutral to Sell by Goldman Sachs, a major financial institution, is likely to negatively impact investor sentiment towards Brighthouse Financial. The lowering of the price target from $47 to $43 further indicates a bearish outlook for the stock in the short term.
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IMPORTANCE 80
RELEVANCE 100