03:10 PM EDT, 05/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

MetLife ( MET ) reported Q1 operating revenue growth of 6.4%, above its 4%-6% guidance and driven by a 14% rise in premium/fee revenues from strong pension risk transfer (PRT) activity. The company also reinsured $10B of variable annuity reserves to reduce balance sheet risk and announced a 4.1% dividend hike (3% yield) alongside a new $3B buyback authorization. We view shares as undervalued at 8.3x our revised 2025 EPS estimate of $9.20 (down $0.25), a ~20% discount to peers, with PRT momentum and de-risking efforts as catalysts. Management maintained confidence in its capital allocation strategy, and we raise our 2025 operating growth forecast to 4%-8%. Our $88 target (8.5x our 2026 EPS of $10.40, cut today by $0.10) reflects improved revenue trends and risk mitigation supporting re-rating potential.