Torchmark Corporation To Present At Bank Of America Merrill Lynch Insurance Conference

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Piper Jaffray Remains Sidelined on Torchmark Corp. (TMK) After Management Provides Additional 2016 Guide Details

February 8, 2016 8:27 AM EST

Piper Jaffray maintained a Neutral rating on Torchmark (NYSE: TMK), and cut the price target to $56.00 (from $57.00), after management provides details regarding 2016 guidance. Management indicated free cash flow for 2016 and 2017 is expected to range $320-330M, lower than in recent years due to lower distributable... More