Morgan Stanley and
Wells Fargo have both issued positive price forecasts for
MetLife, with the former even adjusting their price target upwards.
Inside insights reveal strong technical strength with
IFP Advisors and Bank of New York Mellon Corp and other entities increasing their position. Shareholder actions reflect a bullish sentiment, however, some called into question the Q4 earnings miss estimates. Information from the firm's CFO,
John McCallion, about 2024’s performance and future outlook has been well-received. MetLife's financial health seems in good stead with a jump in Q4 profits due to strong premiums and investment income.
MetLife Investment Management made decisive moves acquiring
PineBridge Investments and taking over teams from Mesirow thereby bolstering strategic assets. However, a data breach at an anonymous service provider may have impacted the company. The company's top executives are scheduled to give strategic insights at a major financial conference. Venturi Wealth Management and Sunpointe have purchased additional shares. Some entities, such as Illinois Municipal Retirement Fund and TCW Group, have trimmed their holdings.
Metlife MET News Analytics from Thu, 02 May 2024 15:50:56 GMT to Sat, 01 Mar 2025 17:34:24 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor 2
