Lincoln Financial Group Reports Fourth Quarter and Full Year 2015 Results

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Piper Jaffray Cuts Price Target on Lincoln National (LNC) Following 4Q Miss

February 4, 2016 8:11 AM EST

Piper Jaffray maintained an Overweight rating on Lincoln National (NYSE: LNC), and cut the price target to $56.00 (from $60.00), following the company's 4Q earnings report. LNC reported 4Q15 Op EPS of $1.54, below consensus estimates of $1.56.

Analyst John Nadel commented, "Aside from lower alternatives NII,... More