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Stock impact report

Evercore ISI Has In Line Rating on MetLife (MET) [Yahoo! Finance]

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Yahoo! Finance
MetLife Inc. (NYSE:MET) is one of the 13 Deep Value Stocks to Buy Right Now Evercore ISI analyst Thomas Gallagher, on February 11, slightly trimmed his target price on MetLife by 2.1% to $95 (from $97) but kept his In Line call on the stock. This target price update comes after the firm adjusted its forecasts following the release of the company's 4th-quarter earnings on February 5. The Q4 results were headlined by an 18% YoY growth in adjusted earnings and 24% YoY growth in adjusted EPS. Earnings growth was driven primarily by the retirement and income solutions segment, benefiting from higher investment margins (which the company attributed to higher private equity returns). The company's smaller segments (specifically its Latin America and EMEA operations) also contributed to growth, driven by rapid volume growth and improved underwriting margins. Finally, the group benefits segment (the company's largest) also contributed solid growth (albeit not as fast as the other segments Show less Read more
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