JP Morgan Downgrades Lincoln National to Underweight, Announces $26 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar has downgraded Lincoln National (NYSE:LNC) from Neutral to Underweight and set a price target of $26.
January 03, 2024 | 11:48 am
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Lincoln National was downgraded by JP Morgan from Neutral to Underweight with a price target of $26.
Downgrades by major analysts like JP Morgan can lead to negative investor sentiment and potential stock price decline, especially when the new price target suggests a lower valuation than the current market price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100