Evercore ISI Group Maintains Underperform on CNO Finl Group, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Thomas Gallagher maintains an Underperform rating on CNO Financial Group (CNO) and raises the price target from $26 to $27.

February 28, 2024 | 5:08 pm
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Evercore ISI Group analyst Thomas Gallagher maintains an Underperform rating on CNO Financial Group but raises the price target from $26 to $27.
The maintenance of an Underperform rating suggests that the analyst believes CNO Financial Group's stock performance may lag behind the market or its sector. However, the increase in the price target from $26 to $27 indicates a slightly more positive outlook on the company's valuation, albeit still underperforming. This mixed signal could lead to short-term negative sentiment as the market digests the implications of an underperform rating with a higher price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100