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ubs upgrades equitable holdings while downgrading corebridge financial

UBS has upgraded Equitable Holdings (EQH) to "Buy," leading to a 5.1% stock increase, driven by strong growth in its registered index-linked annuity segment. In contrast, Corebridge Financial (CRBG) was downgraded to "Sell" due to expected outflows, despite a slight stock gain of 1.0%. Analysts project a 22.02% upside for Equitable Holdings, with an average price target of $66.89.

ubs upgrades equitable holdings to buy with 49 dollar target

UBS has upgraded Equitable Holdings Inc (NYSE: EQH) to a Buy rating with a price target of $49, citing strong growth potential and strategic moves. The company is expected to see continued annual sales growth in the RILA market and benefits from an increased stake in AllianceBernstein. Despite a negative outlook from S&P Global due to financial leverage, analysts maintain a bullish consensus on the stock, with price targets ranging from $49 to $72.
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