Corebridge price target raised to $35 from $34 at Piper Sandler

Piper Sandler raised the firm’s price target on Corebridge (CRBG) to $35 from $34 and keeps an Overweight 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.