Equitable Holdings price target raised to $45 from $42 at Jefferies

Jefferies raised the firm’s price target on Equitable Holdings to $45 from $42 and keeps a Buy rating on the shares after having hosted investor meetings in Europe with Equitable’s CEO and CFO. Conversations were primarily focused on go-forward strategy, the U.S. Retirement opportunity and the drivers of cash flow growth, while Protection Solutions and commercial real estate, or CRE, “interestingly” took more of a back seat, suggesting “a positive sentiment pivot,” the analyst tells investors.