CFRA Lifts Lincoln National Corp (LNC) Price Target as Q2 Results Impress

Lincoln National Corporation (NYSE:LNC) is one of the best mid-cap value stocks to buy right now. On August 6, CFRA reiterated a ‘Hold’ rating on the stock and increased its price target to $42 from $37. The price target hike comes on the company delivering solid Q2 2025 results, whereby earnings per share came in at $2.36, beating consensus estimates of $1.58.

CFRA Lifts Lincoln National Corp (LNC) Price Target as Q2 Results Impress

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Likewise, Lincoln National posted a 4.3% increase in operating revenues to $4.04 billion. Its margins in the quarter benefited from a continued turnaround in Life Insurance profitability, which posted $32 million in operating profits compared to a loss of $35 million in the previous quarter.

The company’s Group Protection unit delivered a record quarter, with operating income increasing 33% to $173 million, as the operating margin jumped 2.5%. Lincoln National also benefited from Premiums rising 7% to $1.4 billion.

Lincoln National Corporation (NYSE:LNC) is a major provider of insurance, annuities, and retirement plan services. It offers solutions that help individuals and employers plan, protect, and grow their financial futures by providing a range of products and services designed to build wealth and secure financial stability.

While we acknowledge the potential of LNC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LNC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.