Wells Fargo has adjusted its price target for Corebridge Financial (CRBG, Financial), lowering it from $38 to $35. Despite this adjustment, the financial services company maintains an Overweight rating on the stock.
The decision comes as Wells Fargo evaluates the implications of the current tariff landscape, which has led to a slight loss in momentum for the quarter. The firm suggests that market participants are likely to focus on the broader economic conditions and any potential impacts of tariff policies going forward.
