Wells Fargo Maintains Underweight on Brighthouse Finl, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Underweight rating on Brighthouse Financial (NASDAQ:BHF) but raises the price target from $40 to $41.
October 10, 2024 | 3:03 pm
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NEUTRAL IMPACT
Wells Fargo has maintained its Underweight rating on Brighthouse Financial but slightly increased the price target from $40 to $41, indicating a cautious outlook with a minor positive adjustment.
The Underweight rating suggests a cautious stance by Wells Fargo, indicating that they expect the stock to underperform relative to the market. However, the slight increase in the price target from $40 to $41 suggests a minor positive adjustment in their outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100