Barclays raised the firm’s price target on Lincoln National (LNC) to $38 from $36 and keeps an Equal Weight rating on the shares. The firm conducted an analysis into variable annuities and the cash flow production, which revealed that there are still good relative opportunities within the group. Barclays came away from the analysis with a more upbeat view on this group of companies despite the strong price action this year, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LNC:
- Lincoln National price target raised to $37 from $34 at TD Cowen
- Lincoln National price target raised to $41 from $36 at Evercore ISI
- Lincoln National Reports Q3 2024 Financial Results
- Lincoln National Faces Q3 Loss but Shows Resilience
- Lincoln National reports Q3 adjusted EPS $2.06, consensus $1.62