Evercore ISI Has Outperform Rating on Corebridge Financial (CRBG), Following Solid Q4

Core Insights - Corebridge Financial Inc. (NYSE:CRBG) is identified as one of the 13 Deep Value Stocks to buy currently [1] - Evercore ISI has slightly reduced its target price for Corebridge Financial by 2.6% to $37, while maintaining an Outperform rating [1] - The company reported a solid Q4 2025 earnings, but management's guidance for EPS growth in 2026 has decelerated [1] Earnings Guidance - Corebridge's management projects a 10% to 15% growth in earnings per share for 2026, likely closer to the lower end due to anticipated US Fed rate cuts [2] - This growth forecast indicates a deceleration of 3 to 5 percentage points compared to the 18% EPS CAGR from 2022 to 2025 [2] Portfolio Management - Corebridge has successfully reduced its portfolio's sensitivity to interest rate cuts by 75% [3] - This reduction was achieved through improved duration matching of assets and liabilities and increased use of floaters in asset allocation [3] Company Overview - Corebridge Financial Inc. provides retirement solutions and insurance products for individuals and corporations, based in Houston, Texas, and founded in 1957 [4]