Goldman Sachs Upgrades MetLife to Buy, Announces $80 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott has upgraded MetLife (NYSE:MET) from Neutral to Buy and set a price target of $80.
January 08, 2024 | 11:38 am
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MetLife has been upgraded by Goldman Sachs from Neutral to Buy with a new price target of $80.
An upgrade to Buy from a prominent investment bank like Goldman Sachs typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in stock price. The announcement of an $80 price target further suggests a bullish outlook for MetLife, which may positively influence the stock in the short term.
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