Barclays has lowered its price target for Lincoln National Corporation (NYSE: LNC) to $44 from $45, while maintaining an Equal Weight rating. This adjustment is part of a broader reassessment of risk within the life insurance sector, focusing on cash flow and private credit exposures. Lincoln National’s management outlined medium-term objectives aimed at supporting capital generation, free cash flow growth, and potentially higher dividends for holding company operations.
Barclays Adjusts Lincoln National (LNC) Price Target while Reassessing Risk in Life Insurers
Barclays has lowered its price target for Lincoln National Corporation (NYSE: LNC) to $44 from $45, while maintaining an Equal Weight rating. This adjustment is part of a broader reassessment of risk within the life insurance sector, focusing on cash flow and private credit exposures. Lincoln National’s management outlined medium-term objectives aimed at supporting capital generation, free cash flow growth, and potentially higher dividends for holding company operations.