Evercore ISI Group Maintains In-Line on Globe Life, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Thomas Gallagher maintains an In-Line rating on Globe Life (NYSE:GL) and lowers the price target from $125 to $75.
April 12, 2024 | 10:49 am
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Evercore ISI Group maintains an In-Line rating on Globe Life and lowers the price target from $125 to $75.
The reduction in price target by Evercore ISI Group suggests a bearish outlook on Globe Life's stock value in the short term, likely due to revised expectations on the company's future performance. This could lead to a negative investor sentiment and a potential decrease in stock price.
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