MetLife (MET) Declares $0.40 Quarterly Dividend; 2.8% Yield

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MetLife (MET) PT Raised to $63 at Wells Fargo on Higher Peer Multiples for MetLife & Brighthouse Spin-Off

July 11, 2017 8:48 AM EDT

Wells Fargo raised its price target on MetLife (NYSE: MET) to $63.00 (from $61.00) while maintaining a Outperform rating, following an update of valuation multiples ahead of Brighthouse Financial spin-off.

Analyst Sean Dargan notes a positive outlook on the post spin-off entities, suggesting higher peer... More