Piper Sandler lowered the firm’s price target on Brighthouse Financial (BHF) to $52 from $55 and keeps a Neutral rating on the shares. The firm updated models in the insurance space as part of a Q4 life insurance preview. The life insurance sector screens as relatively more attractively valued as a group than prior periods, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHF:
- Brighthouse Financial price target raised to $52 from $48 at Barclays
- Brighthouse Financial price target raised to $60 from $52 at Evercore ISI
- Brighthouse Financial Reports Q3 2024 Earnings
- Brighthouse Financial Sees Mixed Q3 2024 Results
- Brighthouse Financial reports Q3 adjusted EPS $3.99, consensus $4.50