Deutsche Bank initiated coverage of MetLife with a Hold rating and $71 price target. The analyst says MetLife has the highest exposure to commercial real estate in its insurance coverage universe, which creates an overhang on the shares. The firm believes the quality of its portfolio will give MetLife the ability to absorb a potential prolonged downturn.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MET:
- 5 Top Financial Stocks to Buy Now, According to Analysts – September 2023
- MetLife call volume above normal and directionally bullish
- Metlife (NYSE:MET): Top-Rated Analyst Bullish on the Stock
- Etsy upgraded, RTX downgraded to Sell: Wall Street’s top analyst calls
- MetLife upgraded to Buy on more constructive sector view at Jefferies