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Piper Sandler Sticks to Its Hold Rating for Metlife (MET)

Tipranks - Tipranks - Fri Feb 6, 6:42AM CST

Piper Sandler analyst John Barnidge maintained a Hold rating on Metlife today and set a price target of $84.00.

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Barnidge covers the Financial sector, focusing on stocks such as Apollo Global Management, Prudential Financial, and Globe Life. According to TipRanks, Barnidge has an average return of 9.4% and a 62.38% success rate on recommended stocks.

In addition to Piper Sandler, Metlife also received a Hold from TipRanks – xAI’s xAi Insurance – Life in a report issued yesterday. However, today, UBS 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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