Keefe, Bruyette & Woods Maintains Market Perform on Globe Life, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Ryan Krueger maintains a Market Perform rating on Globe Life (NYSE:GL) and lowers the price target from $135 to $130.
April 10, 2024 | 3:16 pm
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NEUTRAL IMPACT
Globe Life's price target was lowered from $135 to $130 by Keefe, Bruyette & Woods, while maintaining a Market Perform rating.
The adjustment in price target by a notable analyst firm like Keefe, Bruyette & Woods can influence investor sentiment, but the maintenance of a Market Perform rating suggests a neutral outlook. Therefore, the impact on Globe Life's stock price in the short term is likely to be moderate, as the reduction in price target is balanced by the continuation of a neutral rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100