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Fly News Breaks for February 6, 2020
LNC
Feb 6, 2020 | 07:51 EDT
Lincoln National last night reported improved results as earnings beat consensus and business trends were healthy, JPMorgan analyst Jimmy Bhullar tells investors in a research note. The analyst remains concerned about the company's high exposure to equity and interest rate sensitive products, but he feels that strong underlying operating fundamentals and a "depressed valuation create very attractive" risk/reward profile. He keeps an Overweight rating on Lincoln with an $81 price target.
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