MetLife Inc. (NYSE:MET) consistently registers an upward trend as multiple investment entities increase their stakes. Callan Family Office LLC, Assetmark Inc., Fisher Asset Management LLC, and Steward Partners Investment Advisory LLC are among those to bolster their positions. Morgan Stanley has notably elevated MetLife's price target to $109.00. Recent private placements have secured $1.25 billion for MetLife.
Despite missing Q4 earnings estimates, a steep rise in stock possession is evident from entities including Verdence Capital Advisors LLC and Charles Schwab Investment Management Inc. Recently, MetLife has named Nick Nadgauda as Global Chief Information Officer and added ex-Swiss Re CEO Christian Mumenthaler to its board of directors.
The insurer also announced their intention to acquire PineBridge Investments and the formation of Chariot Re with General Atlantic. MetLife CFO, John McCallion, provided integral details about 2024 performance and future financial commitments at prominent conferences. Similarly, Wall Street analysts convey an optimistic target price for MetLife stocks amidst the enterprise's navigation of new frontier growth strategies.
Metlife MET News Analytics from Thu, 02 May 2024 15:50:56 GMT to Sat, 08 Mar 2025 11:50:43 GMT - Rating 8 - Innovation 5 - Rumor -5
