UBS Maintains Buy on Corebridge Financial, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Buy rating on Corebridge Financial (NYSE:CRBG) and increased the price target from $22 to $28.
January 10, 2024 | 1:38 pm
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UBS analyst Brian Meredith has reaffirmed a Buy rating on Corebridge Financial and raised the price target from $22 to $28, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Brian Meredith from UBS typically signals a strong conviction in the company's future performance and is often taken positively by the market. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100