MetLife Price Target Lowered to $98 by Morgan Stanley

Morgan Stanley analyst Bob Huang has lowered MetLife's (MET) price target to $98 from $99 while maintaining an Overweight rating on the shares.

Morgan Stanley analyst Bob Huang has adjusted the price target for MetLife (MET) from $99.00 to $98.00 USD, while maintaining an "Overweight" rating on the shares [1]. This adjustment reflects a slight downward revision in the projected value of MetLife's stock, indicating a 1.01% decrease in the price target.

Despite the reduction in the price target, Morgan Stanley's overall outlook on MetLife remains positive, as evidenced by the continued "Overweight" rating. This rating suggests that the analysts expect MetLife's stock to perform better than the market average over the next 12 months.

The latest adjustment follows a series of updates from various analysts. Keefe, Bruyette & Woods, for instance, cut their price target for MetLife from $95.00 to $94.00, also maintaining an "outperform" rating [2]. Wells Fargo & Company raised their target price from $91.00 to $94.00, while Morgan Stanley initially boosted their target from $94.00 to $99.00. JPMorgan Chase & Co. also increased their target from $86.00 to $95.00, and Piper Sandler raised their target from $92.00 to $94.00 [2].

The consensus among analysts is that MetLife's stock is currently undervalued, with the average target price standing at $95.25, implying an upside of 22.37% from the current price of $77.84 [1]. The consensus recommendation from 17 brokerage firms is "Outperform," with an average brokerage recommendation of 2.1 [1].

MetLife's recent earnings report showed strong performance, with earnings per share (EPS) of $1.96 for the quarter, up 15.6% from the same period last year. The company also authorized a share buyback plan, indicating confidence in its stock's valuation [2]. Institutional investors have been increasing their stakes in MetLife, with several major investors boosting their positions in the second quarter [2].

References:

[1] https://www.gurufocus.com/news/2975406/met-morgan-stanley-adjusts-price-target-for-metlife-met-stock-news
[2] https://www.marketbeat.com/instant-alerts/metlife-nysemet-price-target-cut-to-9400-by-analysts-at-keefe-bruyette-woods-2025-07-09/