Truist Securities Maintains Hold on Globe Life, Raises Price Target to $125-Report released on 8th February 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Mark Hughes has maintained a Hold rating on Globe Life (NYSE:GL) and increased the price target from $115 to $125 as of 8th February 2024.

February 09, 2024 | 9:50 pm
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Truist Securities has maintained its Hold rating on Globe Life but raised the price target from $115 to $125, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a positive reassessment of Globe Life's value, potentially leading to increased investor interest and a positive short-term impact on the stock price. However, the Hold rating indicates that the analyst sees the stock as fairly valued at its current level, suggesting limited upside potential.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90