Information Provided By:
Fly News Breaks for July 7, 2017
MET
Jul 7, 2017 | 06:49 EDT
Citi analyst Suneet Kamath struggles to see how MetLife's upcoming Brighthouse spinoff will create shareholder value. The separation will not result in materially higher earnings growth, Kamath tells investors in a research note. He keeps a Sell rating on MetLife with a $51 price target.