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Fly News Breaks for January 2, 2018
VOYA, BHF, PRU, LNC
Jan 2, 2018 | 06:33 EDT
JPMorgan analyst Jimmy Bhullar upgraded Lincoln National (LNC) to Overweight and raised his price target for the shares to $87 from $74. The analyst expects "healthy" business trends, steady capital deployment and an attractive valuation to drive share outperformance. He calls Lincoln and Prudential (PRU) his top Life Insurance picks for 2018. Bhullar is negative on Brighthouse Financial (BHF) and Voya Financial (VOYA) heading into 2018.
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