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.
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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
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- Brighthouse Financial reports Q3 adjusted EPS $3.99, consensus $4.50