Goldman Sachs Maintains Buy on Lincoln National, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott has reaffirmed a Buy rating on Lincoln National (NYSE:LNC) and increased the price target from $29 to $36, indicating a positive outlook on the company's stock.
January 09, 2024 | 1:20 pm
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Goldman Sachs has maintained a Buy rating on Lincoln National and raised the price target to $36, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's potential for growth and profitability. This endorsement can lead to increased investor confidence and a potential rise in the stock price in the short term.
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IMPORTANCE 85
RELEVANCE 100