In addition to getting fully long Bank ...
According to a twitter post by Doug Kass, "i am hearing pualson has taken ...
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From Notable Calls
Lincoln National (NYSE: LNC) is getting positive vibes from several tier-1 firms this morning:
- CSFB is upgrading their rating to Outperform from Neutral and moving their price tgt to $24 (prev. $21).
The upgrade comes following LNC’s capital raise and the announced plans to issue preferred stock to the US Treasury. While the planned $950 million of CPP leaves a clear overhang on the shares, given the likelihood of a future equity raise to repay the CPP, the firm thinks the stock is trading at too ...
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