MetLife (MET) Guides Q1 EPS Below Views, Prior Release of Annuity Reserves Resulted from Material Weakness in Internal Control Over Financial Reporting

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Go back to MetLife (MET) Guides Q1 EPS Below Views, Prior Release of Annuity Reserves Resulted from Material Weakness in Internal Control Over Financial Reporting

MetLife (MET) PT Lowered to $55 at Deutsche Bank Following 4Q Preannouncement

January 30, 2018 7:47 AM EST

Deutsche Bank lowered its price target on MetLife (NYSE: MET) to $55.00 (from $57.00) while maintaining a Hold rating following the company's 4Q preannouncement. Net income of$2.0-2.1B is principally driven by an approximate $1.2B, after tax, benefit related to U.S. tax reform.... More