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Metlife (MET) Gets a Buy from Barclays

Tipranks - Sat Feb 7, 11:46PM CST

In a report released on February 5, Alex Scott from Barclays maintained a Buy rating on Metlife, with a price target of $92.00. The company’s shares closed yesterday at $75.32.

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According to TipRanks, Scott is a 4-star analyst with an average return of 6.3% and a 50.31% success rate. Scott covers the Financial sector, focusing on stocks such as Allstate, Arthur J Gallagher & Co, and Prudential Financial.

In addition to Barclays, Metlife also received a Buy from Bank of America Securities’s Joshua Shanker in a report issued on February 5. However, on the same day, Piper Sandler maintained a Hold rating on Metlife (NYSE: MET).

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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