Goldman Sachs Maintains Buy on MetLife, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott has reaffirmed a Buy rating on MetLife (NYSE:MET) and increased the price target from $70 to $80.
January 09, 2024 | 1:25 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs has maintained a Buy rating on MetLife and raised the price target to $80, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's future performance and can lead to increased investor confidence. This positive analyst action is likely to have a favorable impact on MetLife's stock price in the short term as it may lead to increased buying pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100