Fly News Breaks for April 25, 2018
BHF
Apr 25, 2018 | 09:00 EDT
Credit Suisse analyst Andrew Kligerman started Brighthouse Financial with an Underperform rating and $44 price target saying that while he thinks its management team is "outstanding," his valuation reflects considerable risk to fee income and hedging costs that will likely offset most of adjusted earnings through at least 2019.
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