Wells Fargo has revised its price target for Brighthouse Financial (BHF, Financial), lowering it from $59 to $52. Despite this adjustment, the firm maintains an Equal Weight rating on the company's stock.
The change comes as the market's focus shifts toward the overarching economic conditions, including the impact of tariffs, which has somewhat dimmed the company's recent quarter performance.
Analysts at Wells Fargo believe that moving forward, investors will likely pay closer attention to how broad economic factors and tariff-related discussions might influence Brighthouse Financial's future outcomes.
