Tiger Brokers

BUZZ-Corebridge Financial rises after TD Cowen initiates coverage with 'buy'

Reuters
Oct 10, 2024

** Retirement solutions and insurance provider Corebridge Financial's shares rise ~1.2% to $29.85

** TD Cowen initiates coverage on CRBG with "buy" rating, saying it has strong core business with several potential for growth

** Brokerage sets PT at $35, an 18.68% upside to stock's last close

** CRBG's low valuation at odds with attractive liability profile and diversified business, provides support to the company — TD Cowen

** 10 of 16 brokerages rate the stock "buy" or higher, 6 "hold"; their median PT is $34 — data compiled by LSEG

** Including session's moves, stock up ~38% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10