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MetLife-Spinoff Brighthouse Financial Impresses Analyst With Business Mix Improvements

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Shares of Brighthouse Financial Inc (NASDAQ:BHF) remained highly volatile in early trading on Monday.

The stock has lost 23% year to date on weaker capital generation and uncertainties around the ongoing free cash flow trends, according to Keefe, Bruyette & Woods.

The Brighthouse Financial Analyst: Ryan Krueger upgraded the rating for Brighthouse Financial from Underperform to Market Perform, while trimming the price target from $48 to $47.

The Brighthouse Financial Thesis: Although there are no major catalysts for the stock ahead, the company is making gradual …

Full story available on Benzinga.com

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