tiprankstipranks

Globe Life price target lowered to $139 from $140 at Wells Fargo

Wells Fargo lowered the firm’s price target on Globe Life (GL) to $139 from $140 and keeps an Overweight rating on the shares. The firm notes the company brought down its full year margin guide for Health, but increased its margin guide for Life. Management sounded positive on the ability to reprice its med supp block and said it would see how the next quarters go in terms of seeking rate increase.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue