Goldman Sachs Starts CNO Financial Group (CNO) at Buy
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Price: $53.52 +0.77%
Rating Summary:
4 Buy, 14 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
4 Buy, 14 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs initiates coverage on CNO Financial Group (NYSE: CNO) with a Buy. PT $9.00.
Goldman said the company's growth prospects are superior to peers' and the improved balance sheet positions the company to be one of the better capital allocation stories in the group.
The firm also said buybacks should accelerate and the early payoff of its Senior Health Note positioned it to pay a common stock dividend sooner than expected.
For an analyst ratings summary and ratings history on CNO Financial Group click here. For more ratings news on CNO Financial Group click here.
Shares of CNO Financial Group closed at $7.72 yesterday.
Goldman said the company's growth prospects are superior to peers' and the improved balance sheet positions the company to be one of the better capital allocation stories in the group.
The firm also said buybacks should accelerate and the early payoff of its Senior Health Note positioned it to pay a common stock dividend sooner than expected.
For an analyst ratings summary and ratings history on CNO Financial Group click here. For more ratings news on CNO Financial Group click here.
Shares of CNO Financial Group closed at $7.72 yesterday.
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