Piper Sandler Raises its Price Target on MetLife (MET)

MetLife, Inc. (NYSE:MET) is one of the 12 Undervalued Financial Stocks to Buy Now.

On May 26, 2026, Piper Sandler raised the firm’s price target on MetLife, Inc. (NYSE:MET) to $86 from $81 and maintained a Neutral rating on the shares. Piper Sandler cited recent stock performance and the roll-forward of estimates. The firm also said it slightly raised price targets for most insurance carriers and reduced price targets for some insurance brokers.

On May 21, 2026, Morgan Stanley analyst Bob Huang raised the firm’s price target on MetLife, Inc. (NYSE:MET) to $93 from $89 and maintained an Overweight rating on the shares. Huang said Q1 results were “generally strong” for life insurance companies and expects earnings momentum to continue through the rest of 2026, supported by international business momentum and continued improvements in mortality.

Piper Sandler Raises its Price Target on MetLife (MET)

Image by MayoFi from Pixabay

Earlier in May, MetLife, Inc. (NYSE:MET) reported Q1 adjusted EPS of $2.42, ahead of the consensus estimate of $2.27. Revenue totaled $19.07B, below the consensus estimate of $19.42B. President and CEO Michel Khalaf said MetLife delivered “exceptional performance” in the first quarter, with adjusted EPS up 23% and widespread top-line growth. Khalaf also cited progress in year two of New Frontier, disciplined execution, and capital deployment that balances business investment with shareholder returns.

MetLife, Inc. (NYSE:MET) provides insurance, annuities, employee benefits, and asset management services worldwide.

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