Torchmark Corp. (TMK) Misses Q4 EPS by 1c; Updates FY16 EPS Outlook

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Piper Jaffray Cuts Price Target After Torchmark Corp. (TMK) Reports Mixed Results

February 4, 2016 8:00 AM EST

Piper Jaffray maintained a Neutral rating on Torchmark (NYSE: TMK), and cut the price target to $57.00 (from $58.00), following the company's 4Q earnings report. TMK reported 4Q EPS of $1.05, a penny below consensus. Upside from Life and Health offset the lack of Part D. Management determined that the Part D business met the... More