Keefe, Bruyette & Woods Downgrades Brighthouse Finl to Underperform, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Brett Osetec downgraded Brighthouse Financial (BHF) from Market Perform to Underperform and reduced the price target from $54 to $50.
December 15, 2023 | 9:46 am
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Brighthouse Financial was downgraded by Keefe, Bruyette & Woods from Market Perform to Underperform, with a price target decrease from $54 to $50.
Downgrades by analysts, especially with a reduction in price target, typically lead to negative sentiment among investors and can result in a short-term decline in the stock's price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100