Axa Equitable Holdings IncAnalysts raised price targets and reaffirmed Buy ratings, citing asset growth, investment performance, and merger benefits.

Equitable Holdings has been named one of the Top 10 Extreme Value Stocks To Buy Now. Barclays analyst Alex Scott reaffirmed a Buy rating with a $51 price target on June 22, implying a 15% upside from current levels, which matches the lowest Wall Street target among 15 analysts. UBS analyst Michael Ward CFA raised the price target from $58 to $63 while keeping a Buy rating, citing stronger-than-expected asset growth and improving investment performance that should support higher earnings. Ward noted that assets under management have recovered significantly, bringing the combined business close to $1 trillion in assets, and highlighted expected benefits from the planned merger with CRBG, including increased scale, a broader investor base, enhanced chances of joining major stock indexes, and an anticipated $500 million in cost savings.
Axa Equitable Holdings IncAnalysts raised price targets and reaffirmed Buy ratings, citing asset growth, investment performance, and merger benefits.