Globe Life (GL) PT Raised to $215 at TD Cowen

TD Cowen analyst Andrew Kligerman raised the price target on Globe Life (NYSE: GL) to $215.00 (from $199.00) while maintaining a Buy rating.

The analyst commented: "Best Smidcap Ideas: Life Is Still Good At Globe; GL remains our top pick in U.S. life insurance, with its business model among the most attractive in the sector. We see a strong fundamental outlook, with low double-digit EPS growth, aided by an expected positive inflection in American Income agent count and Life sales growth, and FCF upside from Bermuda. Despite this, and the stock's recent rise, valuation remains below historical averages."

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