Equitable gets KBW nod

Keefe, Bruyette & Woods re‑initiated coverage of Equitable on March 26, 2026 with a fresh research note published alongside broader sector commentary. (benzinga.com) The report was authored by Ryan Krueger of KBW, who published a slate of insurer coverage actions that day including stand‑alone notes on Prudential and Aflac. (benzinga.com) KBW characterized the life‑insurance landscape as mixed—pointing to reduced long‑term liability risk and improving free‑cash‑flow metrics on one hand and rising competition, higher investment leverage and more complex balance sheets on the other. (insidermonkey.com) KBW’s re‑engagement arrived alongside other sell‑side valuations, with recent price objectives posted at roughly $60 from Raymond James, $57 from Barclays and $66 from UBS. (marketbeat.com) Equitable reported full‑year organic cash generation of $1.6 billion for 2025 and guided to about $1.8 billion in 2026, figures that underpin several analysts’ reassessments of the company’s cash‑flow outlook. (finance.yahoo.com) The coverage restart and peer updates coincided with announcement of an all‑stock merger between Equitable and Corebridge on March 26, 2026 that values the combined company at roughly $22 billion and projects about $1.5 trillion in assets under management and administration. (ir.equitableholdings.com)