Lincoln National Upgraded to "Buy" at Deutsche Bank (LNC)

Lincoln National Upgraded to “Buy” at Deutsche Bank (LNC)

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Deutsche Bank reported on Thursday that it has raised its rating on financial services company Lincoln National Corporation (LNC).

The firm has upgraded LNC from a “Hold” to a “Buy,” and has given the company a $45 price target. This price target suggests a 9% upside from the stock;s current price of $40.84.

Analysts have upgraded the company as interest rates improve and the company faces less growth headwinds.

Lincoln National Corporation shares were up 98 cents, or 2.46% during Thursday morning trading. The stock is up 57% YTD.

The Bottom Line
Shares of Lincoln National Corporation (LNC) have a 1.18% yield, based on Thursday morning’s price of $40.54.

Lincoln National Corporation (LNC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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