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0 0.00139690252049796 0.000212572122684462 0.00115396295171575 0.00607348921955663 0.00558761008199203 -0.0027938050409961 -0.00282417248709386
Stock impact report

What Does Private Credit Exposure Mean for Corebridge (CRBG) [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
On March 3, Bob Huang from Morgan Stanley maintained an Equal Weight rating on Corebridge Financial Inc. (NYSE:CRBG). The analyst reduced his price target on the stock from $35 to $32, resulting in a revised upside potential of 35% at the current level. Pixabay/Public Domain The move comes as the firm updated its price targets across the life insurance sector. While Morgan Stanley is not overly concerned about exposure to private credit, it believes the broader industry could face valuation pressure in the near term. Back on February 25, Wells Fargo marginally reduced its price target on Corebridge Financial Inc. (NYSE:CRBG) from $37 to $36. The firm maintained an Overweight rating on the stock, which now yields an adjusted upside potential of almost 52%. The firm noted that since most companies' fourth-quarter projections fell short of consensus expectations, it has led them to cut the EPS estimates. Additionally, Wells Fargo is releasing revised 2028 EPS forecasts for busin Show less Read more
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