Barclays Initiates Coverage On Lincoln National with Equal-Weight Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
Barclays has initiated coverage on Lincoln National (NYSE:LNC) with an Equal-Weight rating and set a price target of $35.
September 04, 2024 | 10:55 pm
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Barclays has initiated coverage on Lincoln National with an Equal-Weight rating and a price target of $35, indicating a neutral stance on the stock.
The Equal-Weight rating suggests that Barclays sees Lincoln National's stock as fairly valued at current levels. The price target of $35 provides a specific valuation benchmark, but the neutral rating implies no strong expectation of significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100