Benzinga | Oct 28, 2020 04:04PM EDT

Why Equitable Holdings Stock Is Trading Higher Today

Equitable Holdings (NYSE:EQH) shares are trading higher on Wednesday after Credit Suisse maintained an Outperform rating on the stock and raised its price target from $30 to $32 per share.

Equitable Holdings provides variable annuities, tax-deferred investment and retirement plans, employee benefits, and protection solutions for individuals, families and small businesses. Its business segments include Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions.

Equitable Holdings shares traded up 8.57% to $20.08 on Wednesday. The stock has a 52-week high of $27.30 and a 52-week low of $9.89.