Wells Fargo has revised its price target for Lincoln National (LNC, Financial), reducing it from $36 to $31 per share, while maintaining an Equal Weight rating for the stock. This adjustment comes as the firm observes a slight decline in the company's quarterly performance, which they attribute to ongoing tariff issues.
The financial institution suggests that investors may increasingly focus on how tariffs and the broader economic environment could impact Lincoln National's future performance. The firm’s assessment implies that external macroeconomic factors could play a critical role in shaping the outlook for the company.
