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Lincoln National (LNC) Gets a Buy from Jefferies

Tipranks - Tipranks - Tue Jun 16, 8:17AM CDT

Jefferies analyst maintained a Buy rating on Lincoln National today and set a price target of $56.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lincoln National with a $43.80 average price target.

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Based on Lincoln National’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.31 billion and a GAAP net loss of $172 million. In comparison, last year the company earned a revenue of $4.72 billion and had a GAAP net loss of $722 million

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LNC in relation to earlier this year. Earlier this month, CraigT T Beazer, the EVP & GC of LNC sold 30,000.00 shares for a total of $1,033,500.00.

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