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Metlife (MET) was downgraded to a Hold Rating at Evercore ISI

Tipranks - Tipranks - Wed Jan 7, 5:20AM CST

Metlife received a Hold rating and price target from Evercore ISI analyst Thomas Gallagher today.

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Gallagher covers the Financial sector, focusing on stocks such as Prudential Financial, Equitable Holdings, and Jackson Financial Incorporation. According to TipRanks, Gallagher has an average return of 6.0% and a 60.80% success rate on recommended stocks.

In addition to Evercore ISI, Metlife also received a Hold from Piper Sandler’s John Barnidge in a report issued on December 23. However, yesterday, Bank of America Securities maintained a Buy rating on Metlife (NYSE: MET).

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Based on Metlife’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $16.88 billion and a net profit of $896 million. In comparison, last year the company earned a revenue of $18.3 billion and had a net profit of $1.34 billion

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