Lincoln National price target raised to $48 from $42 at Piper Sandler

Group 1 - Piper Sandler analyst John Barnidge raised the price target on Lincoln National (LNC) to $48 from $42 while maintaining a Neutral rating on the shares [1] - The firm is generally above consensus across the board in the life insurance sector [1] - The gradual drop in rates has been more constructive for broader capital markets activity, likely providing a tailwind to fee and spread earnings in its coverage [1]