Wells Fargo recently lowered its price target for MetLife, Inc. (MET) from $97 to $93 while maintaining an Overweight rating. This adjustment is primarily due to revised EPS estimates based on Q4 fiscal guidance from most companies, which generally met or fell below consensus expectations. Other firms like Mizuho and Evercore ISI have also adjusted their price targets for MetLife, citing similar reasons and quarterly report adjustments.
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Wells Fargo Cuts PT on MetLife, Inc. (MET) to $93 From $97, Here’s Why
Wells Fargo recently lowered its price target for MetLife, Inc. (MET) from $97 to $93 while maintaining an Overweight rating. This adjustment is primarily due to revised EPS estimates based on Q4 fiscal guidance from most companies, which generally met or fell below consensus expectations. Other firms like Mizuho and Evercore ISI have also adjusted their price targets for MetLife, citing similar reasons and quarterly report adjustments.