As previously reported, Sandler O'Neill analyst John Barnidge upgraded Ameriprise (AMP), Brighthouse Financial (BHF) and MetLife (MET), all to Buy from Hold, stating that the recent selloff in the insurance space has been overdone and lead to a disconnect between fundamental trends and valuations. For all three, he believes Q4 earnings will be "noisy," but followed by a realization that their underlying businesses remain intact and that their valuations are "exceedingly attractive." Also for all three companies, Barnidge noted that they have share repurchase programs in place and anticipates they would have been materially repurchasing shares during the quarter. He raised his price target on Ameriprise shares to $120 from $114, maintained his $34 price target on Brighthouse and increased his price target on MetLife to $46 from $43.