Wells Fargo Initiates Coverage on CNO Financial Group (CNO) with an Outperform

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Wells Fargo initiates coverage on CNO Financial Group (NYSE: CNO) with an Outperform rating. Valuation range is $6.00-8.00

Wells analyst says, "Our positive stance reflects our belief that the current management team is poised to grow CNO's businesses and expand returns...Our 2010 operating EPS estimate is $0.57. Our 2011 EPS estimate is $0.72."

To see all the upgrades/downgrades on shares of CNO, visit our Analyst Ratings page.

Shares finished at $5.23. The 52-wk range is $4.18 - 7.04.

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