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Metlife (MET) Gets a Buy from Bank of America Securities

Tipranks - Tipranks - Sat Jan 17, 8:00AM CST

In a report released today, Joshua Shanker from Bank of America Securities maintained a Buy rating on Metlife, with a price target of $97.00.

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According to TipRanks, Shanker is a 5-star analyst with an average return of 8.0% and a 60.48% success rate. Shanker covers the Financial sector, focusing on stocks such as Progressive, American International Group, and Brown & Brown.

In addition to Bank of America Securities, Metlife also received a Buy from Mizuho Securities’s Yaron Kinar in a report issued on January 14. However, on January 9, TipRanks – xAI reiterated a Hold 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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