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Wells Fargo & Company Lowers MetLife (NYSE:MET) Price Target to $93.00
Wells Fargo & Company lowered its price target for MetLife (NYSE:MET) from $97.00 to $93.00 but maintained an “overweight” rating, suggesting a potential upside of 23.85%. This adjustment comes as MetLife recently reported strong quarterly earnings, beating EPS estimates and showing a 27.6% year-over-year revenue increase. The company’s stock currently holds an average “Buy” rating from analysts with an average target price of $94.91.