Morgan Stanley lowered the firm’s price target on Lincoln National (LNC) to $53 from $58 and keeps an Overweight rating on the shares. The firm said its price target changes for the Life Insurance sector reflect tailwinds from higher equity markets and headwinds related to Fed cuts.
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Read More on LNC:
- Lincoln National price target raised to $42 from $40 at Piper Sandler
- Lincoln National names John Morriss as EVP, Chief Investment Officer
- Lincoln National upgraded to Overweight from Equal Weight at Morgan Stanley
- Wolfe Research launches coverage with positive view on Life Insurance names
- Lincoln National initiated with an Underperform at Wolfe Research