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Fly News Breaks for April 25, 2018
MET
Apr 25, 2018 | 09:05 EDT
Credit Suisse analyst Andrew Kligerman started MetLife with an Outperform rating and $67 price target as he believes its low valuation appears not to reflect the less equity-sensitive nature of its strong remaining businesses and likely a 12% ROE by 2020, supported by organic growth, capital management, and sizable cost savings.