CNO Financial Group Inc (NYSE: CNO) and other financial stocks have been in focus after some of the sector’s biggest banks reported first-quarter results.
While the stock has underperformed the broader life insurance group so far this year, its attractiveness is boosted by the “increasing scarcity value” in small- to mid-cap life insurance players, according to Piper Sandler.
The CNO Financial Group Analyst: John Barnidge upgraded the rating for CNO Financial Group from Neutral to Overweight, while keeping the price target unchanged at $29.
The CNO Financial Group Thesis: “The company’s product portfolio is ...