JP Morgan Maintains Underweight on Lincoln National, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar has maintained an Underweight rating on Lincoln National (NYSE:LNC) and increased the price target from $26 to $29.

April 02, 2024 | 2:49 pm
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JP Morgan analyst Jimmy Bhullar has maintained an Underweight rating on Lincoln National but increased the price target from $26 to $29.
While the Underweight rating suggests a cautious outlook on Lincoln National's stock, the increase in price target from $26 to $29 indicates a slightly more optimistic view of the company's valuation. This mixed signal could lead to neutral short-term price movement as investors digest both the continued caution and the increased price target.
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