MetLife (MET -2.5%) shares slump after Raymond James lowers its rating on the insurer to Market...

|By:, SA News Editor

MetLife (MET -2.5%) shares slump after Raymond James lowers its rating on the insurer to Market Perform from Strong Buy after rising 15% YTD. The cut reflects "a relative lack of upside, following strong share price outperformance, compared with the shares of other life insurers," the firm says. PRU -0.4%, LNC -2.8%.