RBC Capital Maintains Outperform on CNO Finl Group, Lowers Price Target to $29
Portfolio Pulse from richadhand@benzinga.com
RBC Capital's analyst Mark Dwelle has maintained an 'Outperform' rating on CNO Financial Group (NYSE:CNO) but lowered the price target from $30 to $29.
August 04, 2023 | 11:37 am
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NEUTRAL IMPACT
CNO Financial Group's price target has been lowered from $30 to $29 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital might create a negative sentiment among investors, potentially putting downward pressure on the stock. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100