Piper Sandler lowered the firm’s price target on Lincoln National to $22 from $23 and keeps a Neutral rating on the shares. The company announced a much expected risk transfer to address earnings and capital volatility, the analyst tells investors in a research note.
Published first on TheFly
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Read More on LNC:
- Lincoln National price target lowered to $17 from $20 at Barclays
- Lincoln Financial sees Q1 adjusted EPS $1.47-$1.56, consensus $1.81
- Lincoln Financial announces $28B reinsurance pact with Fortitude Re
- Lincoln Financial names Sean Woodroffe chief people, culture, and comms officer
- Lincoln National price target lowered to $31 from $37 at RBC Capital
