Bank of America Reiterates Neutral and PT of $49 on Torchmark

Bank of America reiterated its Neutral rating on Torchmark TMK. At the same time, the rating agency left its price target on the company's stock unchanged at $49. On Tuesday, TMK lost 1.04% of its value to finish the day at $39.97. Its shares continued to slide in today's pre-market trading, falling 0.2% to stand around $39.89.